Yen Edges Up After BOJ Meeting; Yuan Down on PBOC's Comments
Thursday, 25 April 2019 13:02 WIB | CURRENCIES |Currency YenUSD/JPY,

The Japanese yen edged up on Thursday in Asia following of the release of the Bank of Japan (BOJ)'s interest rate decision.

The BOJ said it would keep interest rates extremely low until at least 2020. The key monetary stimulus settings were also left unchanged unchanged. The central bank noted that it mostly likely will not hit its 2% inflation target in the next three years.

The USD/JPY pair last traded at 111.90 by 11:30 PM ET (03:30 GMT), down 0.2%. Meanwhile, the USD/CNY pair was up 0.1% to 6.7259.

Source : Investing.com

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