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Yen rate unlikely to spur Japan-US currency friction, says ex-BOJ official

Mr Abe said earlier this week that Mr Trump shared his view at last week's summit that Japan's monetary policy was not currency manipulation, but was intended to end deflation.


THE yen-dollar exchange rate is unlikely to become a source of serious friction between the US and Japan unless the yen weakens significantly below its current level, a former senior Bank of Japan (BOJ) official said on Thursday.

This assurance by former BOJ Policy Board

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