Bank of Japan vows to buy government bonds 'without upper limit'

Tokyo stocks rise 2.7% after central bank acts to help companies weather pandemic

20200420 Bank of Japan

The Bank of Japan, led by Gov. Haruhiko Kuroda, enacted stimulus measures April 27 to combat the pandemic's effects on the Japanese economy. 

MITSURU OBE, Nikkei staff writer

TOKYO -- The Bank of Japan further boosted its monetary stimulus at a one-day policy meeting on Monday, aiming to support the government's efforts to rescue the economy from the effects of the coronavirus.

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