# BOJ keeps low rates as Kuroda sticks to script at swan song meeting

> The Bank of Japan kept its ultra-low interest rates on March 10, 2023, in what was Governor Kuroda's final meeting, with no policy surprises. The yen weakened slightly after a brief spike, and Japanese bank shares fell sharply.

- Date: 2023-03-10 · published 2023-03-10T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/37109-boj-keeps-low-rates-as-kuroda-sticks-to-script-at-swan-song-meeting
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A steady BoJ keeps the yen weak and the dollar firm against it, which raises the local-currency cost of dollar-priced feed imports for Japanese buyers.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/asia/boj-set-keep-ultra-low-rates-kurodas-final-policy-meeting-2023-03-09/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.