Asia stocks find footing, yen slides as BOJ holds the line


Source: reuters.com reuters.com

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A man is reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei Kato Acquire Licensing Rights SINGAPORE, Sept 22 (Reuters) - The Japanese yen slipped on Friday after the Bank of Japan (BOJ)stuck to ultra-easy monetary policy and made no changes to its outlook, while stocks and bonds were kept under pressure as investors hunkered down for U.S. interest rates to stay high. The BOJ, as expected, maintained super-low interest rates, left its yield control policy unchanged and signalled it was in no rush to phase out its massive monetary stimulus. Governor...