Yen Weakens and Stocks Rally as Bank of Japan Maintains Negative Interest Rates

1 min read
Source: Financial Times
TL;DR Summary

The yen has fallen in the currency market after the Bank of Japan announced its decision to maintain negative interest rates, disappointing investors who were hoping for a shift in monetary policy. The central bank's decision comes as it continues to grapple with the economic impact of the COVID-19 pandemic.

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