Yen Drops After BoJ Decision
20 Dicembre 2017 - 11:46PM
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 yeild remains 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 dropped against its major
rivals.
The yen was trading at 113.45 against the greenback, 115.00
against the franc, 134.59 against the euro and 151.51 against the
pound around 10:44 pm ET.
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