Yen Little Changed After BoJ Decision
October 30 2019 - 8:00PM
RTTF2
As expected, the Bank of Japan kept its interest rate unchanged
at -0.1 percent and maintained the purchase of government bonds so
that the 10-year JGB yield remained at zero percent. The bank said
the purchase of government bonds would continue at an annual pace
of about JPY 80 trillion.
After the decision, the yen changed little against its major
rivals.
The yen was trading at 108.62 against the greenback, 110.07
against the franc, 121.32 against the euro and 140.47 against the
pound around 11:55 pm ET.
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