Yen drops on IMF statement

Source: Bloomberg
© Scanpix/Reuters
Japanese Yen depreciated versus most of its 16 main peers as the IMF announced improving state of the global economy. The Yen dropped to its weakest level in two weeks against the Aussie on speculation the BoJ will boost stimulus. Japan's currency contacted as much as 0.2% to 102.47 per greenback as of 8:02 a.m. New York time. It traded at 141.02 per 18-national currency. 
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