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Thursday, Bank of Japan policy board member Seiji Nakamura said the central bank will maintain a very accommodative monetary policy conditions. He told business leaders that the bank would not rule out any policy options in responding to future economic situation.
He said the BoJ should take the most appropriate measures based on changes in both economic and financial conditions without considering or excluding particular options in advance. On January 26, the Policy Board led by Governor Masaaki Shirakawa unanimously decided to leave its uncollateralized overnight call rate unchanged at 0.10%.
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