Japanese stocks fell on Monday, while the yen strengthened amid the likelihood of an interest rate hike this month. Analysts note that such actions by the Bank of Japan could have a significant impact on the country's financial markets. A stronger yen makes imports cheaper, but at the same time, it makes exports more expensive for foreign buyers. Experts expect investors to closely monitor statements from central bank officials in the coming days.
Japanese Stocks Fall Amid Interest Rate Hike Expectations
Japanese stocks fell, yen rose on potential BOJ rate hike. Impact on import/export expected.