URGENT: Yen sinks to 157 range vs. dollar, new 34-yr low

The yen weakened to the 157 range against the U.S. dollar in New York on Friday, falling to a fresh 34-year low, after the Bank of Japan kept intact its current monetary easing policy.

The Japanese currency was hovering in the upper 155 range before the BOJ announced its policy decision.

© Kyodo News