22:02 ET<\/span>
\n<\/span><\/p>\nThe Bank of Japan has pumped an extra five trillion yen ($61bn; \u00a338bn) into the country’s banking system as it looks to shore up investor sentiment following the earthquake and tsunami. <\/p>\n
The move comes a day after the bank injected 15tn yen into the banking system. <\/p>\n
It has said it will take every possible measure to ensure the stability of Japan’s financial markets. <\/p>\n
On Tuesday, the Nikkei 225 stock index dropped for a second day, sliding 6%. <\/p>\n
The yen weakened on the news, which is what the central bank wanted. <\/p>\n
It is concerned that a strong currency will hamper exports and make it harder for companies to make profits. <\/p>\n
The bank also said it would double its asset buying fund to 10tn yen to support businesses.<\/p>\n
Monday’s injection of 15tn yen was the largest ever single operation by the Japanese central bank.<\/p>\n
Analysts have said that it will probably cost Japan hundreds of billions of dollars to rebuild after the earthquake and tsunami that hit the country. <\/p>\n
It is dealing with a massive clean-up operation, the threat of nuclear meltdown, power shortages and significant economic disruption. <\/p>\n
On Monday, the BOJ’s nine-member policy board decided to keep its key interest rate at virtually zero.<\/p>\n<\/p><\/div>\n<\/p>\n
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