The central bank will apply -0.1 percent interest rate on current accounts that financial institutions hold at BoJ. Also, the BOJ maintained target for monetary base expansion at an annual pace of 80 trillion yen.
Following the announcement, the yen fell against other major currencies.
As of 10:45 pm ET in the Asian deals, the yen was trading at 131.65 against the euro, 173.40 against the pound, 118.79 against the Swiss franc and 120.76 against the U.S. dollar.
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