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Bank of Japan hikes interest rates to 30-year-high of 0.75%

By Kim Browne

Bank of Japan hikes interest rates to 30-year-high of 0.75%

THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years.

The bank decided by a unanimous vote to raise its main rate from 0.5 per cent, it said in a statement. AFP

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.

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Bank of Japan hikes interest rates to 30-year-high of 0.75% - Vanity Fair Fashion