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International Business Times
International Business Times
Business

Yen Slides Ahead Of Bank Of Japan Policy Decision

Bank of Japan officials began lifting borrowing costs last year (Credit: AFP)

The yen fell against the dollar ahead of a Bank of Japan decision Tuesday, with officials expected to hold interest rates steady but tweak their bond purchase policy.

The central bank last year said it would scale down its huge purchases of government bonds -- part of attempts to move away from a quantitative easing programme designed to banish stagnation and harmful deflation.

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