Yen weakens after BoJ lifts rates to 31-year high
In Asian trade, the yen weakened against major currencies following the Bank of Japan’s rate decision that lifted its benchmark to a 31-year high, as widely expected.
The Japanese yen weakened against other major currencies in the Asian session on Friday after the Bank of Japan (BoJ) interest rate decision. The Bank of Japan raised its benchmark rate by a quarter point to a 31-year high, as widely expected. The policy board, governed by Ue…