Japanese central bank announced today its first decision in 2011 on the interest rates where the Bank has decided to install the interest rates at the safe zone between 0.0% and 0.10%, which is anticipated by the market significantly. On the other hand, the Bank of Japan will raise its forecast for growth during the year, which ends in next March, with the increasing external demand, which supports the Japanese economy.

The central bank forecasts indicate growth of 3.3% during the fiscal year 2010, compared with its previous forecast, which was 2.1%, which was announced in October last year. The Bank of Japan also left the size of the financial program for the purchase of securities fixed value of 5 trillion yen ($ 60 billion) where the decision was made by the bank members.