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Bank of Japan boosts stimulus to help revive growth

The Bank of Japan (BOJ) has boosted its key stimulus measure in an attempt to revive growth in the world's third-largest economy.

It has extended its asset purchase programme, aimed at keeping borrowing costs down, by 10 trillion yen ($119bn; £73bn).

The BOJ has been facing increasing pressure to take steps to help revive the Japanese economy.

Rupert Wingfield-Hayes reports.

  • 20 Dec 2012