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Japan to December 20 central bank interest rate decision -0.1%, expected -0.10%, previous value -0.10%.

by Victor

20/12/2022

in BOJ, JPY, News

Japan to December 20 central bank interest rate decision -0.1%, expected -0.10%, previous value -0.10%.

Institutional analysis: The Bank of Japan’s interest rate decision is approaching, and the JPY weakens

Victor

After the BOJ announced its interest rate decision, USD/JPY plunged 200 points against the yen in the short term and is now at 135.82.

The Bank of Japan raised the upper limit of its government bond yield target to 0.5% from 0.25%.

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Japan to December 20 central bank interest rate decision -0.1%, expected -0.10%, previous value -0.10%.

Institutional analysis: The Bank of Japan’s interest rate decision is approaching, and the JPY weakens

After the BOJ announced its interest rate decision, USD/JPY plunged 200 points against the yen in the short term and is now at 135.82.

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