The Bank of Japan kept interest rates near zero and announced plans to purchase government bonds and other assets to inject liquidity into the economy and stabilize prices. This stimulus could cause the yen to weaken against other currencies. For India, it means cheaper borrowing costs but also external pressures like inflation that may force the Reserve Bank of India to continue raising interest rates to neutralize rising liquidity. Gold prices rose to record highs in international and domestic Indian markets as stimulus measures weakened the dollar and increased safe-haven demand for gold.