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BOJ extends emergency funds through Sept. 2021 as COVID surges

CPI's fall, largest in 10 years, is 'temporary,' Gov. Kuroda says

Bank of Japan Headquarters in Tokyo (Photo by Takaki Kashiwabara)

TOKYO -- The Bank of Japan on Friday decided to extend its emergency funding program by six months, a move in lockstep with the government's initiative to introduce a new fiscal stimulus package to accelerate the pace of economic recovery.

Emergency funding facilities were set to expire at the end of the fiscal year in March. They will now be extended through September.

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