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JAPAN EMBRACES NEGATIVE LOAN FEES IN AMAZEMENT MOVE.



In an amazement move, the Bank of Japan has acquainted negative loan fees with counter the progressing financial droop.

The rate of 0.1% will imply that the national bank will truth be told charge cash for holding stores.

The national bank trusts the facilitating of fiscal approach will drive up swelling and help monetary development.

It's an arrangement that normally just influences interbank loaning and is not passed on to the normal saving money customer. The choice came after the bank wrapped up its initially meeting of the year on Friday.

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