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bank of japan interest rate

The Bank Of Japan Ends Its Negative Interest Rate Policy, Opting For Its First Hike In 17 Years

March 19, 2024 by Admin
The Bank Of Japan Ends Its Negative Interest Rate Policy, Opting For Its First Hike In 17 Years

New Delhi: Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The Bank of Japan’s lending rate for overnight borrowing by banks was raised to a range of 0 to 0.1 percent …

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