Bank of Japan kept the interest rate steady

Note: This section contains information in English only.
Source: Forexpros

The Bank of Japan left its benchmark interest rate steady as it was widely expected and decreased its growth forecast. The interest rate remained between zero and 0.5%. The budget for exchange traded funds and corporate bonds purchases was also left unchanged at JPY20 trillion. After the data release, the Japanese Yen appreciated against the USD with pair USD/JPY currently trading at 77.75, 0.18% down.

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Wed, 21 Dec 2011 17:08:14 GMT

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Wed, 21 Dec 2011 17:07:49 GMT

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