Asia-Pacific
Japan's central bank keeps key rate at 0 to 0.1%
(Xinhua)
Updated: 2011-04-07 13:13
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TOKYO - The Bank of Japan (BOJ) decided on Thursday to keep its key interest rate at zero to 0.1 percent to spur the country's economy. ?
The Japanese central bank warned that the country's economy was faced with strong downward pressure due to the March 11 earth quake and ensuing tsunami.
It also announced a 1 trillion yen (about $11.7 billion) loan program.