Stocks rally, yen dives as Bank of Japan tweaks policy
WEDNESDAY, SEPTEMBER 21, 2016
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TOKYO - Tokyo shares shot up and the yen sank as the Bank of Japan tweaked its policy measures Wednesday, as it ramped up its attempts to kickstart inflation.
The benchmark Nikkei 225 index jumped 1.37 per cent as investors embraced the central bank's moves to defeat deflation. The dollar jumped to 102.64 yen from around 101.66 yen earlier Wednesday.