TOKYO -- The Bank of Japan, which took the unusual step of effectively supporting Japanese stock prices by purchasing exchange-traded funds for more than a decade, likely became a net stock seller in 2023 in a first since launching the measure in 2010.
Bank of Japan
BOJ turned 'net seller' of stocks in 2023
A first since central bank started buying ETFs more than a decade ago
The BOJ's policy of propping up stock prices with ETF purchases is unusual for a major central bank. (Photo by Nanami Sato)
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