KATHMANDU

Japan’s central bank, the BOJ, has decided to end its negative interest rate policy. This decision marks the first time in 17 years that the BOJ has decided to end its negative interest rate policy.

This decision by the BOJ has been seen as a significant change in Japan’s monetary policy, which has been in place for a long time.

Furthermore, after a two-day policy meeting, the BOJ has set a target to achieve a stable inflation rate of 2% and to maintain short-term rates at or below 0.1%. In order to prevent a rapid increase in interest rates, the government of Japan has also committed to continuing to purchase government bonds when necessary to stabilize the economy amidst ongoing weaknesses.