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BOJ reaffirms aggressive monetary easing

Yen looks set to slide further with a quicker flow of funds out of Japan and into the US

Published Fri, Dec 20, 2013 · 10:00 PM
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Tokyo

THE Bank of Japan (BOJ) yesterday resolved to stand firmly behind its aggressive monetary easing programme, virtually guaranteeing a further downward slide in the value of the yen in the light of this week's decision by the US Federal Reserve to begin tapering its massive bond-buying programme.

The Japanese central bank offered a hint that it might be prepared to ease further in certain circumstan…

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