BoJ maintains monetary policy

By Agence France-Presse

Dec 20, 2023 12:21 am

TOKYO: The Bank of Japan (BoJ) on Tuesday maintained its long-standing, ultra-loose monetary policy and offered no guidance on its plans in the new year, sending the yen down against the dollar and boosting stocks.

Speculation had been swirling for weeks that officials would shift away from negative interest rates and tight grip on bond yields as inflation picks up.

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