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Dollar Steadies, Yen Rises After BOJ DecisionSingapore, 17 Jun (ONA) —- The dollar today steadied while the yen rose following the Bank of Japan’s (BOJ) rate decision.
Against a basket of currencies, the dollar was little changed at 98.13.
The yen swung between losses and gains shortly after the decision before turning decisively higher, and was last up roughly 0.2% at 144.50 per dollar.
In the broader market, the dollar held largely steady, as risk sentiment remained fragile amid rising tensions following Israeli attacks on Iran.
The risk-sensitive Australian dollar was up 0.13% at $0.6533, after falling earlier in the session. The New Zealand dollar traded 0.1% higher at $0.6065.
Elsewhere, the euro was little changed at $1.1562, while sterling last bought $1.3576.
The Bank of Japan had decided to keep its benchmark interest-rate unchanged. The central bank target of around 0.5% for short-term rates will remain in place.—- Ends/Khalid
