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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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    Japan's asset purchase program exceeds the size of the economy

    Rocky
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    economy - Japan's asset purchase program exceeds the size of the economy Empty Japan's asset purchase program exceeds the size of the economy

    Post by Rocky Tue Nov 13, 2018 7:34 am

    Japan's asset purchase program exceeds the size of the economy






    2018/11/13 14:32


    (Encyclopedia of this Day News | Iraq News ) - directly: economic data revealed that the total value of the asset purchases program launched by the Bank of Japan exceeded the value of gross domestic product ( GDP ) of the third largest economy in the world.

    Japan's gross domestic product (GDP) stood at 553.9 trillion yen ($ 4.9 trillion), while Japan's gross domestic product (GDP) at the end of the second quarter of this year stood at 552.8 trillion yen, the central bank said Tuesday.

    The Asset Purchase Program is a system launched by a number of central banks responsible for the world's major economies following the financial crisis at the beginning of the decade, including those of the European Central Banks, the Bank of England and the Federal Reserve.

    Fed purchases are equivalent to 20% of GDP, while ECB purchases account for 40% of the euro area economy.

    The central bank's central government bonds on Nov. 10 were worth 456 trillion yen, up from 125 trillion yen when Japanese central bank Governor Haruhiko Kuroda launched his first tour of the facilitation program in April 2013.

    By the end of June, the central bank had acquired 42.3 percent of government bonds.



    Note: The content of Japan's asset purchase program exceeds the size of the economy is published directly on the Mubasher website and the encyclopedia of this news day is not guaranteed in any way. 
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