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Media Type: Text Bank of Japan holds key interest rate unchanged at 0.1 per cent

Sahil Nagpal 30 April 2009

Media Type: Text Bank of Japan holds key interest rate unchanged at 0.1 per cent Tokyo - The Bank of Japan on Thursday decided to maintain its key short-term interest rate unchanged at 0.1 per cent as widely expected.

The bank's policy board voted unanimously at a one-day meeting to forego another rate hike as Japan suffers from the worst recession in the postwar era.

Japan's central bank last lowered the interest rate from 0.3 per cent to 0.1 in December.

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