Mr. Shirakawa, governor of the Bank of Japan and his board, decided to keep the benchmark interest rate to virtually zero a range of 0.0% to 0.10%, after the meeting of the bank, while this decision came compatible with anticipations which noted that.

On the other hand, the leaders of BOJ decided to leave the amount of asset-purchase fund at 15 trillion yen along with keeping the credit-loan program unchanged at 35 trillion yen to encourage the banks lending.

Moreover, the Bank of Japan noted that the economic recover bas returned to normal level and now is picking up amid the sluggish global economy, while the economy is facing a downward pressure as the European financial crisis beside the sluggish US economy.