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BoJ keeps policy unchanged

The central bank kept its pledge to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen ($643 billion)

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Bloomberg
Last Updated : Oct 08 2014 | 12:20 AM IST
The Bank of Japan maintained its record stimulus as the yen traded near a six-year low and economists pushed back forecasts for further monetary easing.

The central bank kept its pledge to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen ($643 billion), it said.

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First Published: Oct 07 2014 | 11:52 PM IST

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