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Yen soars as Bank of Japan tipped to raise interest rates

World

Jump lifts currency to highest level against dollar in a month, while global markets remain jitteryBusiness live – latest updatesThe Japanese yen has soared by more than 2% against the dollar amid speculation the Bank of Japan is set to raise interest rates.The latest jump on Thursday lifted the yen to its highest level against the dollar in a month, at 155.57, and followed a 0.9% move the previous day. Continue reading…

To read the full story from the source: The Guardian – World

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