The Bank of Japan has said it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.
The central bank has gone against the grain as its global peers raise interest rates to tackle inflation, pushing down the value of the yen against the dollar.
Officials had been widely expected to keep policies unchanged after the second two-day meeting under new Governor Kazuo Ueda, who took the helm in April.
Read More : BOJ Commits to Ultra-Loose Monetary Policy to Boost Economic Growth