The Bank of Japan made no change to policy, as expected, at the end of its meeting Friday. The central bank's statement was almost identical to its previous one issued on May 21, with the only major change altering language about overseas economies to "are recovering" from last month's "are starting to recover." While the Tokyo Stock Exchange was closed for midday break at the time of announcement, the yen showed little reaction, with the dollar buying �101.81 after the decision. The Bank of Japan's next policy meeting is slated for July 14-15.

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