Yen swings after Bank of Japan lifts rate to 1995 high
The yen weakened to a two-week low versus the dollar shortly after the Bank of Japan raised its benchmark interest rate to the highest level since 1995, as investors assessed the monetary-policy path.
By Megumi Fujikawa TOKYO--The yen swung sharply as investors weighed Japan's monetary-policy outlook after the central bank lifted its benchmark interest rate to the highest level since 1995. The Japanese currency weakened to a two-week low against the dollar shortly after the decision, as two dissents…