Dollar jumps around 1 yen to above 157 yen, Nikkei index climbs after BOJ rate hike

The U.S. dollar jumped above 157 yen on Friday after two of the Bank of Japan's nine policy board members voted against an interest rate hike, while the Nikkei stock index extended gains following the policy decision.Opposition from the two members, who were appointed under Prime Minister Sanae Takaichi's administration, was interpreted by traders as a sign of government reluctance toward further rate hikes.The BOJ on Friday raised its policy interest rate to 1.25 percent from 1.0 percent, as widely expected."While the opposition from the two members was not a surprise, the outcome may be s…READ FULL ARTICLE