scorecardresearchGlobal Markets Wrap: Stocks Fall in Asia While Yen Sinks on Bank of Japan Hold

Global Markets Wrap: Stocks Fall in Asia While Yen Sinks on Bank of Japan Hold

Updated: 17 Jun 2022, 08:36 AM IST
TL;DR.
Stocks fell in Asia on Friday amid fears of an economic downturn as monetary policy tightens to fight high inflation.
Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 15, 2022. Asian stock markets were mixed Wednesday ahead of the Federal Reserve's announcement of how sharply it will raise interest rates to cool U.S. inflation. (AP Photo/Ahn Young-joon)

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 15, 2022. Asian stock markets were mixed Wednesday ahead of the Federal Reserve's announcement of how sharply it will raise interest rates to cool U.S. inflation. (AP Photo/Ahn Young-joon)