As expected, the Bank of Japan left the key interest rate unchanged Tuesday at around 0.1 percent amid continued concerns about deflation, even though exports and production have shown signs of recovery.
The eight-member BOJ Policy Board wrapped up its two-day meeting by voting unanimously to keep the uncollateralized overnight call rate at its current level.
The BOJ last month extended emergency measures to support corporate financing beyond their September deadline to the end of the year.
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