Yen slumps after BOJ hikes rates as expected
· economictimes.indiatimes.com
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.
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