The Bank of Japan raised interest rates by 15 basis points, and USD/JPY fell 110 points against the Japanese yen to 151.81
The Bank of Japan said it would reduce monthly bond purchases to 3 trillion yen from the first quarter of 2026. It plans to buy 7.5 billion yen of Japan government bonds twice a month from August to September, with a maturity of more than 25 years (previously 5 billion to 10 billion yen twice a month).
The Bank of Japan raised interest rates by 15 basis points, and USD/JPY fell 110 points against the Japanese yen to 151.81
The Bank of Japan said it would reduce monthly bond purchases to 3 trillion yen from the first quarter of 2026. It plans to buy 7.5 billion yen of Japan government bonds twice a month from August to September, with a maturity of more than 25 years (previously 5 billion to 10 billion yen twice a month).
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