The so-called Growth Loan program is set to expire in June, and may be extended, the Nikkei reports.
USD/JPY is consolidating gains above 81.00 after getting a boost from a less-dovish Bernanke and heavy JPY sales at month-end.
The USD/JPY rally is extremely impressive given the time of year. Late-February, early-March is usually prime-time for Japanese exporters to repatriate profits back to Japan which generally causes the JPY to rise this time of year.