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Bank of Japan: Economic Conditions Have Deteriorated Significantly

Archived in the category: Forex International News
Posted by admin on 16 Apr 09 - Comments Off

In mid March, the Bank of Japan (BOJ) released a bleak economic outlook for Japan, saying that conditions have deteriorated significantly and are likely to continue to deteriorate. Exports, business fixed investment, and corporate profits have decreased, while unemployment is on the rise. Consequently, the BOJ said, production declined at a much faster pace. In [...]