Bank of Japan pumps in more emergency funds



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TOKYO, Oct 9, 2008 (AFP) - The Bank of Japan said it injected 2.0 trillion yen (20.1 billion dollars) into the money markets on Thursday as part of efforts by the world's central banks to end the global financial crisis.

It was the 17th straight business day that the Japanese central bank has poured money into the markets to try to ensure a flow of cash vital to the financial system.

The Bank of Japan made two separate injections in the morning, a day after the Tokyo stock market suffered its biggest loss in two decades, plunging more than nine percent. Stocks rebounded slightly in early trade Thursday.



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