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BOJ cuts purchases of JGBs maturing in 5-10 years


Friday, 1 June 2018 10:04 WIB

Bank of JapanBOJ


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The news is crossing wires vi Reuters that Bank of Japan (BOJ) has reduced the purchases of Japanese Government Bond (JGBs) maturing in 5-10 years to JPY 430 billion from the previous JPY 450 billion.

The move has failed to put a strong bid under the Japanese Yen. As of writing, the USD/JPY is attempting a break above 109.00.

Source: FXstreet


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