BOJ Injects $184 Billion as Nikkei Nosedives

The Bank of Japan offered a combined 15 trillion yen ($183.8 billion) into the banking system on Monday in its first same-day market operation since the Greek debt crisis in May last year, to soothe market jitters in the wake of a devastating earthquake and tsunami that struck northeast Japan before markets closed for the weekend. The benchmark Nikkei 225 stock average sank more than 640 points, or 6.3%, to 9,612.88, extending losses from Friday. – Reuters

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