Top
New York  London  GMT  Tokyo  Sydney 

BOJ keeps overnight call rate target unchanged at 0.10, but to enhance easy policy via new operation

By   || December 1, 2009 at 06:42 GMT
|| 2 comments || Add comment

USD/JPY little lower at 87.10.

  • BOJ keeps overnight call rate target unchanged at 0.10, decision unanimous
  • Will introduce 3 month fixed rate operation
  • Provide around 10 trln yen in fixed rate operation
  • Offer funds at 0.1% in new operation
  • New operation will be offered against BOJ’s regular collateral
  • BOJ says todays step will support Japan economy together with Government measures

Think it’s fair to say the market is unimpressed with what it’s seen so far. USD/JPY has extended slide to 86.90 at writing.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

2 Responses to “BOJ keeps overnight call rate target unchanged at 0.10, but to enhance easy policy via new operation”

  1. Tajul Akbar Bin Ismail on December 1st, 2009 06:45 GMT

    By unanimous vote no less

  2. david on December 1st, 2009 06:49 GMT

    Was the market expecting them to go to 0.0 or something?

Bottom