As widely anticipated, the Bank of Japan has left its key interest rate at 0-0.1% and its asset-purchase program at ¥101T. The decision was made at Masaaki Shirakawa's last policy meeting as governor; the real action is expected to come at the bank's next meeting in early April, which is set to be led by Shirakawa's prospective replacement - and uber dove - Haruhiko Kuroda.
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