Yen Rises After BoJ Decision
July 28 2016 - 7:55PM
RTTF2
The Bank of Japan decided to ease monetary further by expanding
ETF purchases by 6 trillion yen. Meanwhile, the bank kept interest
rate unchanged at -0.1 percent and decided to continue expansion of
the monetary base at an annual pace of 80 trillion yen
Following the decision, the yen advanced against its major
rivals.
The yen was worth 103.40 against the greenback, 115.04 against
the euro, 136.70 against the pound and 105.89 against the franc
around 11:46 pm ET.
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