The Bank of Japan has decided to expand its monetary easing policy. That’s to prop up the country’s economy, which is weakening amid a global slowdown.
Policymakers at the central bank made the decision at their meeting on Thursday, according to the (Nikkei.com) website.
They decided to add 10 trillion yen, or about 120 billion dollars, to the bank’s asset-buying program.
The move will provide more money to financial markets.