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Tokyo gets G-20 backing on exchange rate policy

This could open door to intervention by Japanese authorities should the yen resume its upward trend: analysts
Monday, April 18, 2016 - 05:50


JAPAN came away from a series of top-level financial meetings in Washington at the weekend with the backing of other advanced and emerging economies for the need to avoid "excess volatility and disorderly movements in exchange rates''.

This could open the door to intervention

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