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Yen hits six-month low on BOJ chief's hint of further stimulus

BOJ ready to adjust monetary policy up or down to achieve inflation target

THE yen plunged to a six-month low against the US dollar in Tokyo yesterday after Bank of Japan governor Haruhiko Kuroda signalled the central bank's willingness to further ramp up monetary stimulus in order to achieve the target of 2 per cent annual inflation in "about two years".


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