The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets. Japanese central bank officials said borrowing costs would be left at 0.25 percent, a policy decision widely predicted after the fallout from the previous hike.

The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets. Two days after the U.S. Federal Reserve slashed rates for the first time since the start of the pandemic, the BOJ's…

U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.

The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.

SA will not necessarily mirror the US on interest rates.

The Bank of Japan is anticipated to maintain its policy rate unchanged.

The Bank of Japan maintained interest rates at 0.25% as inflation rose to 2.8%, signaling potential future hikes while crypto markets reacted positively to the news.

The EUR/JPY cross gains momentum around 160.00 during the early European session on Friday.