
BOJ voted 8-1 to maintain target on 28 Feb
JAPAN - The Bank of Japan's Policy Board, at its 28 February meeting, voted 8-1 to maintain the target for financial institutions' current account deposits at the central bank at 10 trillion to 15 trillion yen, the BOJ said Tuesday.
Board member Nobuyuki Nakahara voted against sticking to the target, set under the BOJ's quantitative easing policy, the minutes of the meeting showed.
At the meeting, the BOJ decided to provide ample liquidity irrespective of the target to secure financial market s
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