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Yen steadier after tumble over BOJ shock move

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The yen was steadier on Monday after its biggest one-day fall in over a year, as a rally in riskier assets prompted by the Bank of Japan's shift to sub-zero interest rates stalled after yet more weak Chinese data.

London

THE yen was steadier on Monday after its biggest one-day fall in over a year, as a rally in riskier assets prompted by the Bank of Japan's shift to sub-zero interest rates stalled after yet more weak Chinese data.

The Japanese currency tumbled 2 per cent against the dollar

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