Bank of Japan left interest rate unchanged in line with expectations

Note: This section contains information in English only.
Source: Marketwatch
The Bank of Japan left the key interest rate unchanged in the range from 0 to 1% and did not announce expansion of asset-purchasing program. The bank stressed that the country's economy is moving towards stage of faster growth pace as public investments and private consumption both rose. However, attention has to be paid to Euro Zone's uncertainty and fluctuations in commodity prices, the bank added. Following the data release, the Japanese Yen appreciated against its US counterpart and USD/JPY traded at 79.61, falling by 0.43%.


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