Yen slumps after BOJ hikes rates as expected
By Gregor Stuart HunterThe yen sank against its major peers in Asian trading on Friday after a widely-expected rate hike from the Bank of Japan failed to arrest the currency's decline.The Japanese currency FX_IDC:USDJPY weakened 0.6% to 156.91 yen per dollar, resuming its slide after snapping a thr…
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