The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023.
Kazuhiro Nogi | Afp | Getty ImagesAsia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan's rate decision.
Economists polled by Reuters expect the BOJ will maintain its benchmark interest rate at 0%-0.1%, but Nikkei reported the central bank is considering reducing its holdings of Japanese government bonds.
The BOJ currently aims to purchase about 6 trillion yen ($38.5 billion) in bonds per month, and has informed the market of plans to purchase between 4.8 trillion yen and 7 trillion yen of bonds per month.
Hong Kong Hang Seng index futures were at 17,964, lower than the HSI's last close of 18,112.63.
Persons:
Kazuhiro Nogi, Kospi
Organizations:
Bank of Japan, Afp, Getty, Bank of, Reuters, Nikkei
Locations:
Tokyo, Asia, Pacific, Hong Kong