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Global stocks mixed as yen falls despite Bank of Japan rate hike
AFP20h agobearish
Global stocks mixed as yen falls despite Bank of Japan rate hike

Global stocks were mixed Friday at the end of a week dominated by central bank moves to tame inflation as the yen retreated against the dollar despite a Bank of Japan interest rate hike.The Bank of Japan raised interest rates to a three-decade high, but the yen sank against the dollar on fears the pace of hikes might be slower than expected.