Global Economic News

Bank Of Japan Minutes On Tap For Friday

Japan will on Friday release the minutes from its monetary policy meeting on October 27-28, highlighting a busy day for Asia-Pacific economic activity.

At the meeting, the BoJ kept its massive monetary policy stimulus unchanged on Friday, defying the global tightening stance and maintaining its guidance on the interest rate despite the weakening yen. The policy board unanimously decided to maintain a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank.

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by RTTNews Staff Writer

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