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Yen Edges Up After BOJ Meeting; Yuan Down on PBOC's Comments


Thursday, 25 April 2019 13:02 WIB

Currency YenUSD/JPY,Yen Jepang


c_740_198_16777215_00_images_assets_CURRENCY3_dolaryen.jpg

The Japanese yen edged up on Thursday in Asia following of the release of the Bank of Japan (BOJ)'s interest rate decision.

The BOJ said it would keep interest rates extremely low until at least 2020. The key monetary stimulus settings were also left unchanged unchanged. The central bank noted that it mostly likely will not hit its 2% inflation target in the next three years.

The USD/JPY pair last traded at 111.90 by 11:30 PM ET (03:30 GMT), down 0.2%. Meanwhile, the USD/CNY pair was up 0.1% to 6.7259.

Source : Investing.com


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