The Bank of Japan expands its zero-interest loan program to firms to 90 trillion yen ($837 billion).
The Bank of Japan expanded its zero-interest loan program to firms to 90 trillion yen from 55 trillion yen.
Its total war chest for companies amounts to 110 trillion yen when"Japan's economy is likely to remain in a severe situation for the time being due to the impact of COVID-19 at home and abroad, although economic activity is expected to resume gradually," the bank said following a two-day policy meeting.
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