BoJ increases the amount of JGB buys to JPY 480 bn, Yen unfazed

Dhwani Mehta FXStreet

The Bank of Japan (BoJ) announced an increase in the amount of purchases of the Japanese Government bonds (JGBs) that have 5 to 10 years remaining until maturity from JPY 430 billion to JPY 480 billion.

Nothing further is reported on the same.

The USD/JPY pair had little impact on the above headlines, keeping its range near 111.80, down -0.9% so far.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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