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Nikkei leaps as BOJ springs a surprise

The yen hits the lowest level since 2008 after the Policy Board in a tight 5-4 vote launches a major new round of monetary easing
Saturday, November 1, 2014 - 05:50
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IN one of the closest votes in its history, or that of any other major central bank, the Bank of Japan's nine-member Policy Board voted on Friday by five votes to four to launch a major new round of monetary easing that shocked and delighted financial markets.

Tokyo

IN one of the closest votes in its history, or that of any other major central bank, the Bank of Japan's nine-member Policy Board voted on Friday by five votes to four to launch a major new round of monetary easing that shocked and delighted financial markets.

The surprise

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