Citing sources familiar with the matter, Reuters reports that the Japanese government is likely to unveil 16 trillion yen in additional government bonds to fund the stimulus package.
Further, the sources reported that the government will be issuing the bonds from July onwards to fund stimulus, aimed at fighting the economic impact of the virus outbreak.
- USD/JPY recovers swiftly from near 2-week lows, retakes 108.00 mark and beyond
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