In a historic step, the BOJ ditched negative interestrates in March and raised short-term rates to 0.25% in July on the view the economy was making progress toward durably achieving its 2% ...
BoJ Raises Rates to... USD/JPY: Yen Strengthens as InterestRate Reaches Highest Level Since 2008 By Andrey Goilov - Jan 24, 2025 The USD/JPY pair declined to 155.13 on Friday, as the yen ...
The BOJ will also raise its interestrate on part of the balance of current account deposits that commercial banks hold at the central bank from minus 0.1 percent to 0.1 percent. The ...