Bank of Japan keeps interest rate unchanged, yen sinks below 156
STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156
SHOOTING TIME: file
DATELINE: April 27, 2024
LENGTH: 00:01:37
LOCATION: Tokyo
CATEGORY: ECONOMY
SHOTLIST:
1. various of Bank of Japan
2. various of city view in Tokyo
3. various of fresh food in supermarkets
4. various of city view in Tokyo
STORYLINE:
The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line.
The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years.
The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities.
The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile
- Product Code
- ILEA002617365
- Registered date
- 2024/4/27 00:00:00
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- Xinhua / Kyodo News Images
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