Friday, 29 January 2016

Bank of Japan adopts negative interest rate policy

In a move that was signaled by the Nikkei business daily minutes ahead of the decision, the BOJ said it will apply a rate of negative 0.1 percent to excess reserves that financial institutional place at the bank and introduce a three-tier system on rates.


The Bank of Japan ramped up its aggressive stimulus campaign on Friday, adding negative interest rates on central bank deposits to its massive asset-buying program, stunning financial markets that expected no action or a moderate increase in asset purchases.


For more news on free stock tips,free equity tips please visit us at www.marketmagnify.com/freetrial.php or call at 07316619100.

2 comments:

  1. The Indian rupee inched up slightly against the dollar in early trades on Tuesday, 20 December 2016 on fresh selling of the American currency by exporters.
    CapitalStars

    ReplyDelete
  2. Rudra Investment SEBI Registered company is one place that would help you achieve all your Target in With our Specialization and deep Research we provide Tips in Indian Share Market Commodity Tips , Best Services in all segments.

    ReplyDelete