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Bank of Japan buys 70.1 bln yen in ETF

BOJ bought 70.1 billion yen ($548 million) of exchange-traded funds. (AFP)
BOJ bought 70.1 billion yen ($548 million) of exchange-traded funds. (AFP)
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19 May 2022 06:05:57 GMT9
19 May 2022 06:05:57 GMT9

The Bank of Japan (BOJ) bought 70.1 billion yen ($548 million) of exchange-traded funds on Thursday, stepping into the market for the sixth time this year.

Japanese shares had earlier fallen sharply after Wall Street plunged overnight on fears that surging inflation would eat into corporate profits and usher in an economic slowdown.

Reuters

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