28 February 2001, 12:48  Japan's Yanagisawa says BOJ action good for borrowers and lenders

By Stephen Cannon, BridgeNews Tokyo--Feb. 28--Japan's Minister for Financial Services Hakuo Yanagisawa said Wednesday that the Bank of Japan's decision to cut the key overnight unsecured rate to 0.15% and the official discount rate to 0.25% "will be a plus for financial institutions and borrowers."

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