The Bank of Japan raised its interest rate by 25 basis points to 0.75% on Friday, marking its highest level in 30 years, following a two-day monetary policy meeting. This move is the second interest rate hike this year, after the one in January, and the first under Prime Minister Sanai Takayachi's tenure, who has called for an expansionary fiscal policy while maintaining monetary ease. The increase comes as part of the central bank's recent steps towards normalizing monetary policy after ending its negative interest rate policy in March 2024. The yen has seen a sharp decline since Takayachi took office due to market concerns over the country's economic outlook.
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
aps.dzSetif - The national exhibition for cosmetics and care products was inaugurated today, Wednesday, in Setif, with the participation of 60 exhibitors representing companies and institutions active in this field.
aps.dzMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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