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BOJ incurs 2-3 tril. Yen unrealized loss from ETF holdings
Bank of Japan Governor Haruhiko Kuroda said Wednesday unrealized losses in the central bank's holdings of exchange-traded funds total an estimated 2 trillion to 3 trillion yen ($19 billion-28 billion) at present after stock prices plunged on concerns over the coronavirus outbreak. He also said that BOJ's recent decision to double the size of its ETF purchases has been "effective to some extent" as Tokyo shares are less volatile than those in U.S. and European bourses. His remarks came as the Nikkei stock index hovered around 17,000-point level after plunging from around 24,000 in mid-January due to fears over the ... (full story)
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