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BOJ to hold an emergency policy meeting on Friday

Central bank to discuss additional fund supplies now that recession has hit

The Bank of Japan's unusual move comes amid a sharp economic downturn caused by the coronavirus.  (Photo by Yuki Nakao)

TOKYO -- The Bank of Japan on Tuesday said it will hold a special policy board meeting on May 22 to discuss its efforts to supply funds to financial institutions.

This is an unusual move for the central bank and comes amid a sharp economic downturn caused by the coronavirus.

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