The Japanese country has characterized in the last decade for a politics of bajísimos interest rates, and this epoch of crisis seems that it is not going to change his strategy. This way, the Bank of Japan (BOX) has decided to support the interest rates in 0,1 %, appraises to the one that they are from December, 2008.
Also, the Japanese issuing entity (equivalent to our Banco Central Europeo) agreed to support some of the extraordinary measures that were taken in the autumn of last year, this way to keep on providing of liquidity to his markets. The governors' meeting of the Bank of Japan has decided, in an unanimous way and after a meeting of an entire day, to support the interest rates, which previously had reduced from 0,3 % 0,1 % last December, this way to try to stimulate the crecimento of his economy, the second economy of the world.
At the same time, the entity agreed to extend until March, 2010 his program of extraordinary loans to the companies, this way to be able to assure the stability of the markets. Also he decided that, as was foreseen, at the end of this year they will conclude his buy operations to the banks of managerial debt.
The Bank of Japan has told that, although the problems are supported on the financial market, this one has been “showing increasing progress signs”, especially as for the bonds markets, having achieved this way the due targets. L to Japanese financial institution it had put into practice in autumn 2008, in full economic crisis, a series of extraordinary measurements to facilitate the access to instruments of financing across a low interest for the companies.
Japan, considered the second world economy especially for his preponderant commercial role, left the recession in the second trimester of this year, after his Gross National Product (GDP) grew 2,3 % to annual rhythm.
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