Friday, February 19, 2016

Bank Of Japan to limit negative interest rate's scope to thirty trillion yen



The Bank of Japan is seen limiting the scope of its recently introduced negative rate to thirty trillion yen (about $253 billion) of banks' current-account deposits, the Nikkei news publication rumored, citing senior BOJ officers.
The rate of negative zero.1 % is regular to require impact on Gregorian calendar month. 16.

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