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TOKYO (Thomson Financial) - The yen was steady against major currencies Thursday shortly after the Bank of Japan decided to keep its overnight call rate target unchanged at 0.5 percent for the seventh straight meeting, as widely expected by the market.

At 12.48 pm (0348 GMT), the yen was trading at 115.90-94 yen against the US dollar compared

to 115.97-116.01 yen just before the BoJ announced its decision. The euro was quoted at

157.12-157.17 yen versus 157.18-23 yen earlier.

kaori.kaneko@thomson.com

kk/ms

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