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BoJ official says digital yen won’t be used to achieve negative interest rate -Breaking

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BoJ official says digital yen won’t be used to achieve negative interest rate

Bank of Japan (BoJ), has stated that the Bank of Japan’s Central Bank Digital Currency, or CBDC for short, is not to be used in order to attain negative interest rates.

The BoJ’s Executive Director, Shinichi Uchida made the announcement in his most recent public speech.