TOKYO: Tokyo stocks opened 0.31 per cent higher Thursday as the dollar held up against the yen on speculation over the timing of a US rate hike.
The Nikkei 225 index at the Tokyo STOCK EXCHANGE
, which closed at a fresh 15-year high on Wednesday, added 61.31 points to 19,851.12 at the start.
The dollar held steady after rising on the minutes of the Federal Reserve’s last policy meeting that showed a split over the timing of an interest-rate increase.
Differences of views within the Fed countered an earlier market conviction that a June hike was now off the table.
