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Bank of Japan hikes interest rates to 30-year-high of 0.75%

Bank of Japan hikes interest rates to 30-year-high of 0.75%

By Kim Browne

Culture

THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years.

The bank decided by a unanimous vote to raise its main rate from 0.5 per cent, it said in a statement. AFP

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.

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