BOJ raises its benchmark ratio for current account balances again
They already did so during the March decision, and is raising it higher again for the next three months. This is basically to aid Japanese banks with regards to how much balances are charged a negative interest rate when they are kept with the central bank.
You can refer to my post here in December for more background.
The benchmark ratio only applies for the macro add-on balance, so it means more funds are kept at a 0.0% interest rate level - and not at the negative rate.
Not one that impacts the yen by any means, but it does show the level of concern the BOJ has about how their policies are affecting banks' profitability.
