Investing.com – The Bank of Japan kept its benchmark interest rate unchanged, it announced on Thursday.
In a statement, the BoJ said it was keeping its benchmark interest rate unchanged between a range of 0.0% to 0.1%, broadly in line with expectations.
A statement on monetary policy released after the announcement showed that the Bank of Japan’s nine-man policy board voted unanimously to maintain the interest rate at its current level.
Following the decision, the yen was up against the U.S. dollar, with USD/JPY shedding 0.5% to hit 81.73.
In a statement, the BoJ said it was keeping its benchmark interest rate unchanged between a range of 0.0% to 0.1%, broadly in line with expectations.
A statement on monetary policy released after the announcement showed that the Bank of Japan’s nine-man policy board voted unanimously to maintain the interest rate at its current level.
Following the decision, the yen was up against the U.S. dollar, with USD/JPY shedding 0.5% to hit 81.73.