(Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Thursday that one of his deputies proposed increasing asset purchases from the current 10 trillion yen ($121.6 billion) under a broader scheme that sets aside 40 trillion yen for asset buying and market operations to support the economy.
But the proposal was turned down at Thursday's BOJ policy meeting, as others on the board still wanted to examine the effects of the BOJ's March monetary easing on the economy.
"The BOJ took the decisive step of increasing asset buying in March and actual purchases have only just begun," Shirakawa told a news conference.
"It's important to examine the effects of the move for the time being," he said. ($1 = 82.220 Japanese Yen) (Reporting by Leika Kihara, Tetsushi Kajimoto and Stanley White; Editing by Edmund Klamann)
Source: Reuters
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