BoJ keeps benchmark ratio for macro add-on balance unchanged
|The Bank of Japan (BoJ) came out with a brief statement last minutes, after the review of its benchmark ratio for current account balances kept with the central bank.
Key Points:
Benchmark ratio kept at 21.5% (after being increased in September from 20.0%).
The negative rate interest rate will be applied to about JPY 10 trillion of funds (a change from the previous JPY 10-20 trillion over the last year).
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