MNI POLICY: Yen Fall Unlikely To Drive Swift Japanese Action

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Oct-09 06:09By: Hiroshi Inoue
Bank of Japan

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The yen's slide to an eight-month low against the dollar is unlikely to prompt a rate hike or Japanese authorities to intervene in FX markets immediately, as the weaker currency helps mitigate impacts of U.S. trade policy on exporters - a key driver ...