TODAY'S TOP STORIES

BoJ's New Chief Keeps Rate Unchanged; Announces Policy Review

The Bank of Japan maintained its ultra loose monetary policy in the first rate-setting meeting chaired by Governor Kazuo Ueda and announced a broad review of the current stance.

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 Renju Jaya

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