Bank of Japan decided today to keep the overnight rate unchanged at 0.0% to 0.10%, where the decision was unanimous and inline with the market anticipation.

The Japanese authorities kept the Asset-Purchase Fund unchanged at 20 trillion yen, in addition to the Credit-Loan program which kept steady at 35 trillion yen.

On the other hand, the BOJ cut the Japanese economic assessment, while indicated that the economic recovery is moderating due to the sluggish increase in exports and outputs, besides the negative effect of the Thailand floods.