TOKYO -- The Japanese yen was largely flat Tuesday after the Bank of Japan said at the end of its policy meeting that it would be less expeditious in reducing its bond purchases, as expected.
Bank of Japan
Yen muted as BOJ decides on a more gradual bond buying taper
Policy meeting held after volatility in long-term government bond market
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The Bank of Japan has been tapering its bond purchases since August as part of its decision to normalize its ultraloose monetary policy. (Photo by Akira Kodaka)
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