12 October 2001, 10:15 BOJ Leaves Rates On Hold
The Bank of Japan's Policy Board left
both key rates and monetary policy unchanged Friday, in a move widely
expected by financial markets. The decision by the board was by
majority vote. The BOJ also confirmed it would keep its current account
deposits target above 6 trillion yen. It also confirmed the key
discount rate at 0.10%, a level set on September 18 as global central
banks cut rates following the terrorist attacks on the United States.
The minutes of Friday's meeting are to be published November 21.
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