TOKYO -- The Japanese yen rose against the U.S. dollar on Friday after the central bank lifted interest rates as expected at its two-day meeting and maintained a balanced tone on its future decisions, as U.S. trade partners await clarity on policy under a new president.
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Leading up to the BOJ meeting, top policymakers’ hawkish tone and higher wages had raised investor expectations of a rate hike. (Photo by Akira Kodaka)
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