News | Currency | East Asia & Pacific
Bank of Japan's rate stays at a three-decade high as business sentiment improves
13 July 2026 | 3 months ago
The Bank of Japan's policy rate stands at 1 percent following a hike in June 2026, the highest since 1995. According to the quarterly "tankan" survey released on 1 July, the business-conditions index for large manufacturers improved for a fifth straight quarter, rising to 22 from 17. Even so, the yen remains under selling pressure, near a multi-decade low against the dollar.
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