Bank of Japan Keeps Key Rate Unchanged


Tokyo, Oct 5 (IANS): The Bank of Japan (BOJ) Friday decided to keep the monetary policy unchanged.

The BOJ's Policy Board voted unanimously, to keep the key short-term interest rate at around zero to 0.1 percent and decided to keep the size of its asset purchase program at the current 80 trillion yen, after expanding the fund by 10 trillion yen at the previous meeting Sep 19, reported Xinhua.

The BOJ's assessment on domestic economy is "leveling off more or less", as the exports and industrial production weaken by strong yen and economic troubles in Europe.

  

Top Stories


Leave a Comment

Title: Bank of Japan Keeps Key Rate Unchanged



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.