BOJ,Asia Real Time News items

• BOJ says considering exit strategyPosted:10/07/2009 13:57 GMT by NeedToKnowNews
  Bank of Japan governor Masaaki Shirakawa said central banks are aware of the distortionary effects of keeping 'unconventional' policies in place for too long.
  His comments came after the BOJ upgraded its outlook, saying the Japanese economy is starting to bottom out, as it held interest rates at 0.1% and maintained its existing plan of asset purchases.
  
• BoJ deputy gov. Yamaguchi: Not totally excluding rate cutPosted:17/07/2009 0:42 GMT by NeedToKnowNews
  The official also said QE had not proved ineffective.
• Earlier: BOJ Holds Rates, Extends Credit EasingPosted:11/07/2009 0:37 GMT by NeedToKnowNews
  The Bank of Japan kept interest rates at 0.1% and announced it will extend measures to ease credit constraints like purchasing corporate bonds. It will buy JPY1trln of commercial paper rated A or above.
• Sugimoto: Welcomes BOJ Decision to Buy Corp. BondsPosted:11/07/2009 23:43 GMT by NeedToKnowNews
  Japansese Finance Minister Kazuyuki Sugimoto welcomed the Bank of Japan's (BOJ) decision to buy DLR 33.7 billion of A1-rate commercial, corporate bonds maturing in one year, and said the move will help smooth corporate financing. The BOJ also decided to keep the country's key interest rate unchanged at 0.10%.
• Japan Govt Says CB's Readiness to Buy CP HelpfulPosted:14/07/2009 21:40 GMT by NeedToKnowNews
  Economics minister Yosano said the purchases would greatly help corporate financing until next year.
• OVERNIGHT: BOJ Tankan Survey Shows Poor Manufacturing SentimentPosted:12/07/2009 23:40 GMT by NeedToKnowNews
  The Bank of Japan's closely watched Tankan survey was weak, with the big manufacturers' index posting its deepest quarterly fall in 34 years and the second biggest on record. The index now stands at -24, its lowest since early 2002, after -3 in the September survey.   posted its biggest fall