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Japan chief cabinet secretary Suga: Excessive yen strength is being corrected

Japan chief cabinet secretary Suga: Excessive yen strength is being corrected

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Gerry Davies
16/01/2013 | 07:13 GMT
  • Govt is not deliberately making statements on demerits of weaker yen

The above comments should make the yen bears breathe a little easier.

USD/JPY up at 88.30 from the 88.00 which greeted me.

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