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BOJ's Ueda: ETF purchases serves to prevent volatile market moves

ETF purchases helps to underpin consumption, capexThat is done by preventing volatile market moves from hurting public confidenceToo early to debate specific ways in which BOJ could sell ETFsAt the peak of the pandemic rout in 2020, the BOJ was actually holding on to unrealised losses of around ¥2-3 trillion (roughly $18-26 billion at the time) on its ETF holdings. They are in much, much better shape now at least but that doesn't mean we will see the end of the programme whatsoever... Read More

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Content Topics

Boj

Ueda

Purchases

Serves

Prevent

Volatile

Market

Moves

Forex

Posted: May 10 2023, 04:16

Author Name: forexlive

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