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Markets  |  February 01, 2013 09:12:40

BoJ Deputy Governor rejected criticism of Japanese stimulus measures

Bank of Japan Deputy Governor Yamaguchi H. rejected international criticism of the process of trying to revive Japan's local economy. He reiterated that the central bank's efforts to end deflation and that to achieve this goal may apply and deliberate weakening of the yen through intervention. The current weakening of the yen is a byproduct of quantitative easing and verbal interventions. Just continues in rapid attrition. The dollar got above 92, and over 125 euro

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Viceguvernér BoJ odmítl kritiku japonských stimulačních opatření

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