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Japan raises interest rate to highest since 1995Business

Japan raises interest rate to highest since 1995

Japan’s central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices. On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0.75% – a level not seen since 1995. The decision comes as some other central banks have raised interest […]

Ronald Owili·
AsiaJAPAN