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Yen drops and Nikkei rises as BoJ delays tightening; markets mixed

By Inquirer - 5 months ago
HONG KONG, China — The yen fell and Tokyo stocks rose Friday after the Bank of Japan deferred a plan to cut back its bond purchases as it cautiously moves away from its ultra-loose monetary policy. Stock markets had a mixed reaction to the decision, with investors also contemplating the outlook for US interest rates

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