Japan's central bank kept interest rates just above zero Tuesday, pledging to fight deflation and preserve recovery in the world's second-biggest economy.
The Bank of Japan policy board voted unanimously to keep the overnight call rate target at 0.1 percent, as widely expected even amid a resurgent yen. The central bank has maintained the super-low interest rate since December 2008 when it was cut from 0.3 percent.
Helped by export demand from emerging economies, Japan's economy is improving, the central bank said. But it expects stagnant growth until the middle of next fiscal year starting April.
"Japan's economy is picking up mainly due to …
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