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Yen slides as Japan sticks to economic targets

Currency hits a four-month low of 101.36 to the greenback, after BOJ chief vows to act if inflation target is threatened


THE yen slid to a four-month low against the US dollar yesterday, as market conviction grew that the Japanese currency could be headed significantly lower in coming weeks as the Bank of Japan (BOJ) goes all out to meet its inflation target and Prime Minister Shinzo Abe's government...

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