Tag Archives: $201

Negative Rates Would Apply for $201 Billion of Reserves: BoJ

Tokyo: The Bank of Japan (BoJ) on Tuesday said negative interest rates will apply to about 23 trillion yen ($201 billion) of total reserves, based on estimates of current account deposits held with the central bank in January. About 206 trillion yen of the deposits parked in BoJ accounts by financial institutions will be paid a 0.1 per cent interest, ... Read More »