Japan's central bank stands pat on ultra-loose policy

TOKYO, March 10 (Xinhua) -- The Bank of Japan (BOJ) on Friday opted to maintain its ultra-easy monetary policy despite rising inflation and the yen's recent weakness.

In the last meeting chaired by Governor Haruhiko Kuroda, the BOJ decided to keep short-term interest rates at minus 0.1 percent and guide 10-year Japanese government bond yields to around zero percent.

The BOJ also said its yield on 10-year