BoJ maintains pace of monetary easing


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Financial Times
Breaking news
Friday April 26 2013

Breaking News
 
BoJ maintains pace of monetary easing
The yen strengthened against the US dollar on Friday, as the Bank of Japan said it would keep easing monetary policy at the same pace it outlined three weeks ago, after Haruhiko Kuroda's debut meeting as governor. The announcement, which was widely expected, came hours after data from the Statistics Bureau showed that deflation remains deeply entrenched in the world's third-largest economy.
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