Japan's central bank poured 700 billion yen more into Tokyo money market
26/9/2008 17:44
The Bank of Japan (BOJ) pumped 700 billion yen (US$6.67 billion) more into
the Tokyo money market today following the injection of 800 billion yen (US$7.62
billion) earlier in the day in a continued effort to regulate the market in
short-term finance between banks and other financial institutions.
The imput
of the emergency fund came for an eighth consecutive working day amid global
financial market upheavals triggered by the collapse of US investment bank
Lehman Brothers, bringing to 16.5 trillion yen (US$157.14 billion) the aggregate
amount the BOJ injected into market.
Xinhua
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