The Bank of Japan raised its policy rate to 1%, the highest since 1995, but the yen fell to a 23-month low at 160.80 vs USD, impacting crypto markets.

TOKYO, June 16 : The Bank of Japan raised interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focused on taming price…

Bank of Japan is expected to raise rates to 1% as inflation, weak yen and energy costs push the central bank towards tighter monetary policy.