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Japan’s yen falls and Nikkei rises after rate hike
The yen weakened past 157 per dollar as Japan’s 10-year government bond yield slipped, even as the Nikkei 225 gained 1.5%.
Japan’s financial markets moved in an unusual direction after the Bank of Japan raised its policy rate, CNBC Economy reports.
While the yen slid past 157 per dollar and the 10-year Japanese Government Bond yield fell, Japan’s benchmark Nikkei 225 rose 1.5%.
Latest closeNikkei 225 65,018.95 ▲1.4%
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