Thursday 13 December 2018
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sunnewsonline - 23 days ago

Bank of Japan’s balance sheet now larger than country’s GDP

Japan’s central bank has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade spending spree designed to accelerate weak price growth. The 553.6 trillion yen (4.87 trillion dollars) of assets the Bank of Japan (BOJ) holds are worth more than five times the world’s [ ] The post Bank of Japan’s balance sheet now larger than country’s GDP appeared first on The Sun Nigeria.

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