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The  Bank of Japan  (BOJ) kept its monetary policy settings unchanged following the conclusion of its two-day monetary policy  review meeting on Friday.

The central bank kept the benchmark policy rate on hold  at -10bps while maintaining its pledge to buy J-REITS at an annual pace of up to JPY180 bln.

The BOJ, as widely expected, extended a deadline for its pandemic-relief programme, in a continued to effort to stimulate the fragile economy and tepid inflation.

 

more to come …