The Bank of Japan’s Monetary Policy Committee opted on Thursday to leave interest rates on hold, sending the yen sharply lower against the US dollar.
The decision to keep the policy rate at around 0.5 per cent followed a two-day meeting of the committee, whose members remained split for a second consecutive month.
The yen fell 0.5 per cent against the dollar shortly after the decision was published. Japanese stocks in the Nikkei 225 average jumped 0.6 per cent to an all-time high of 51,620. The index has risen more than 14 per cent in the past month, which analysts say has added pressure on the BoJ to prevent potential overheating.
您已阅读44%(637字),剩余56%(817字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。