Business
Yen slumps after BOJ hikes rates as expected
Reported by Vivek Joshi (Copy Editor) · Economic Times - Markets ·
✓ — also reported by Google News - USA Business
Representative image · PexelsYen slumps after BOJ hikes rates as expected. The yen declined against major currencies after the Bank of Japan raised interest rates. Japan's core inflation remained steady near the central bank's target. The British pound held at a two-and-a-half-month low after the Bank of England's decision. The Aussie dollar advanced as inflation risks materialized for policymakers. Bitcoin and ether saw modest gains in cryptocurrency trading. The yen declined against major currencies after the Bank of Japan raised interest rates. Japan's core inflation remained steady near the central bank's target.
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Bank of Japan raises interest rates to 31-year high, flags concerns over inflation - CNBC
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Japan hikes rates to 31‑year high to fight inflation
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Bank of Japan raises interest rates to 31-year high, flags concerns over inflation - cnbc.com
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