The Bank of Japan kept monetary policy steady on Tuesday but warned that the country's exports and output were feeling the pinch from slowing demand in emerging markets.
As widely expected, the BOJ reiterated its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 80 trillion yen (USD 664 billion) through purchases of government bonds and risky assets.
The policy board decision was made by an 8-1 vote.
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