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Bank of Japan Deputy Governor Masayoshi Amamiya said on Wednesday that there is no need to adjust large-scale monetary easing at present, although some central banks are adjusting theirs.

“I would also like to emphasize that there is no change to the BOJ’s stance that, for the time being, it will closely monitor the impact of Covid-19 and not hesitate to take additional easing measures if necessary,” Amamiya told business leaders in Tokushima City.

“The BOJ’s Special Program is scheduled to be conducted until the end of March 2022, and the response thereafter will be appropriately decided by examining developments in corporate financing and other factors based on, for example, the upcoming December Tankan.”