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Japan warns against rapid yen rise after earthquake

Posted on 14 March 2011

From Reuters: Japanese authorities warned against the yen’s rise as the currency rallied broadly early in Asia on Monday following Friday’s devastating earthquake and tsunami in Japan.
Finance Minister Yoshihiko Noda said he is closely watching yen moves, while one of his senior staff vowed to take decisive steps on currencies if needed, signaling Tokyo’s readiness to step in to curb rapid yen rises……………………………………….Full Article: Source


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