Tokyo stocks close lower after BoJ decision

 



Tokyo stocks closed lower on Friday as a higher yen weighed on exporters, while investors digested the Bank of Japan's decision to ease its grip on its super-loose monetary policy.

The benchmark Nikkei 225 index dropped 0.40 percent, or 131.93 points, to 32,759.23, while the broader Topix index ended down 0.20 percent, or 4.53 points, at 2,290.61.

During the Tokyo market's lunch break, the Bank of Japan announced it would keep its ultra-loose monetary policy but allow "greater flexibility" for one of its policy tools, seen as a small step towards normalisation.

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