Yen Drops, Shares Rise As BoJ Unexpectedly Adopts Negative Interest Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Japanese yen slipped against major currencies on Friday, while equities rose after a surprise move by the Bank of Japan as it adopted negative interest rates. The BoJ's policy board voted for a 0.1 percent interest charge on selected current account deposits parked by lenders at the BoJ. The[​IMG]

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