Asia Market Wrap 18 September: Japan Raises to Its Highest Rate Since 1995 and the Yen Falls Anyway
The Bank of Japan raised and the yen fell anyway. The Nikkei 225 closed 1.38 percent higher at 65,018.95 on Friday after the Bank lifted its policy rate a quarter point to around 1.25 percent, its highest since 1995 on the network’s account, and the yen still weakened 1.24 percent to 157.90 to the dollar…
