BOJ leaves monetary policy unchanged

JAPAN - The Bank of Japan's policy board voted unanimously to keep its current policy unchanged at its first two-day policy board meeting that ended Apr 13, 2001.

The BOJ said it will continue to conduct money market operations aimed to keep the outstanding balance of current accounts at the BOJ at Y5 trillion.

The BOJ dropped targeting call rates at its last meeting in Mar 2001 and shifted its operating target for money market operations to the balance of current accounts at the central bank.