CurrenciesMarket welcomes lack of hawkish language in BOJ statementAfter raising its policy rate to 1% on June 16, the Bank of Japan helped send the Nikkei Stock Average over the 70,000 mark for the first time. (Photo by Shintaro Ino) AKANE OKUTSUJune 16, 2026 13:09 JSTTOKYO -- Tokyo stocks staged a rally following the Bank of Japan's widely anticipated move of raising its policy rate by 25 basis points to 1%, sending the benchmark Nikkei Stock Average to 70,000 for the first time ever.