The BOJ did not comment specifically on the yen, which has steadily weakened since the last BOJ meeting
The Bank of Japan kept its policy rate unchanged Friday after its monetary policy meeting, holding its benchmark policy rate at 0%-0.1%.While the move was expected, this comes after Tokyo's April inflation came in lower than expected, with the core inflation rate at 1.6% compared to expectations of 2.2% from Reuters.
The currency broke through the 156 mark against the U.S. dollar Friday after the decision, most recently trading at 156.11.
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