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BOJ moving closer to its 2% inflation target

Monetary expansion employed to this end is likely to cause value of the yen to fall further
Saturday, December 28, 2013 - 06:00

Tokyo THE Bank of Japan is edging closer towards achieving its target of 2 per cent annual inflation in consumer prices as 2013 draws to a close, official data published yesterday showed, and the monetary expansion being employed to this end is likely to result in further falls in the value of

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