Central Bank of Japan toughens monetary policy

Baku. 9 January. REPORT.AZ/ The Central Bank of Japan (BoJ) has changed the government bonds purchase program. 

Report informs citing the Reuters, the BoJ decresed purchase volume of 10-25 years bonds by 10 billion yens ($ 88.39 mln) or 5 % to 190 billion yens ($ 1,679 mln), and purchase volume of 25-40 years bonds by 10 billion yens ($ 88.39 mln) or 11,1% to 90 bln yens ($ 795.5 mln).

MarketWatch financial news and consulting firm has rated the BoJ's decision as a tougher monetary policy.

After the decision, US-dollar depreciated from 113,09 to 112,62 in Japan.

The stock index Nikkei 225 increased by 0.6%.

Also, Japan's 10-year bonds' interest rate up by 1 basis point to 0.065%, and interest rate of 30-year bonds soared by 1.5 basis points to 0.83%.