Bank of Japan’s Stand Pat Decision Fuels Further Yen Jitters

From Bloomberg.: 2024-04-26 05:20:45

The Bank of Japan decided to maintain interest rates and simplified its language on bond-buying and policy. This caused the yen to drop to a 34-year low, causing market anxiety. The central bank kept its benchmark rate between 0% and 0.1% after the meeting, following its March decision on bond purchases.



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