Nikkei leaps as BOJ springs a surprise
The yen hits the lowest level since 2008 after the Policy Board in a tight 5-4 vote launches a major new round of monetary easing
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Tokyo
IN one of the closest votes in its history, or that of any other major central bank, the Bank of Japan's nine-member Policy Board voted on Friday by five votes to four to launch a major new round of monetary easing that shocked and delighted financial markets.
The surprise move sent Tokyo stocks soaring to a seven-year high while the yen fell to its lowest level since 2008.
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