japanese central bank interest rate

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japanese central bank interest rate

The Bank of Japan ended eight years of negative interest rates

The BOJ set the overnight call rate as its new policy rate and decided to guide it in a range of 0-0.1% partly by paying 0.1% interest to deposits at the central bank.
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interesting, they prefer to give better service instead of giving better returns.

this in return push depositor to invest, consume and earn instead of deposit and earn practices.

no doubt that's the reason of their incredible growth over time.

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