The Bank of Japan already implemented powerful monetary easing to stem sharp gains in yen, Governor Masaaki Shirakawa was quoted as saying on Wednesday.
According to reports, Shirakawa told the House of Representatives Special Committee on earthquake reconstruction that the Bank of Japan has taken strong measures, which are not done by any other central banks, such as buying government bonds and exchange-traded funds, to support economic recovery.
Japanese Finance Minister Jun Azumi on Tuesday urged Europe to implement its Greek rescue measures quickly and transparently after euro fell to 10-year low against yen amid concerns of a deepening debt crisis.
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