Bank of Japan pulls out disaster playbook to tackle coronavirus

Expanded ETF purchases and low-rate funds in play at next week's meeting

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Bank of Japan Gov. Haruhiko Kuroda speaks at an upper house committee on fiscal and financial affairs on March 10. (Photo by Uichiro Kasai)

KATSUJI KAMEI, Nikkei staff writer

TOKYO -- The Bank of Japan is expected to boost purchases of exchange-traded funds beyond the planned 6 trillion yen ($57.4 billion) a year if needed, as part of efforts to limit economic and stock market turmoil fueled by coronavirus fears.

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