BoJ announces JPY1 trillion of five-year loans

Market news

31 January 2023

BoJ announces JPY1 trillion of five-year loans

Bank of Japan (BoJ) confirmed in a statement on Tuesday, it will offer JPY1 trillion worth of five-year loans against collateral from banks.

This measure was announced on Friday but the central bank confirmed the amount on Tuesday.

Meanwhile, Reuters reported on Monday, a panel of academics and business executives urged the BoJ to make its 2% inflation target a long-term goal.

Market reaction

USD/JPY is keeping its range at around 130.30, marginally lower on the day. The pair is holding its recovery momentum

Currencies. Daily history for Tuesday, January 31, 2023

Commodities. Daily history for Monday, January 30, 2023

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