GotJapan

Monday April 30,2007

Category: — gotjapan @ 12:53 pm

whirlpool
A whirlpool forms in the Naruto Straits between Shikoku and Awaji island. The phenomenon occurs each spring and has become a major tourist attraction.

Tuesday April 10,2007

BOJ leaves key short-term rate unchanged at 0.5%

Category: — gotjapan @ 6:46 am

The Bank of Japan’s policy panel decided Tuesday to leave its key short-term interest rate unchanged at 0.5%, as market participants had widely expected, after doubling the rate to 0.5% in February.

The BOJ “will encourage the uncollateralized overnight call rate to remain at around 0.5%,” the central bank said in a statement.

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