RTTNews - The Bank of Japan is scheduled to release the minutes from its monetary policy meeting on May 21 and 22, headlining a light Friday for Asian economic news. At the meeting, the Bank of Japan unanimously decided to maintain the uncollateralized overnight call rate at 0.1 percent, as expected. The central bank also expanded the range of eligible collateral to ensure financial market stability by further facilitating money market operations.
Japan also will announce May numbers for Tokyo and nationwide department store sales. Tokyo store sales dropped 11.9 percent on year in April, while nationwide department sales fell an annual 11.3 percent.
Thailand will provide foreign reserves data for the week ending June 12. Analysts are predicting an increase of 120.2 percent on year after the 120.6 percent annual jump in the previous week.
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