Wed, 09 Jan 2013 09:26:07 GMT
Yen depreciates on government pressure to expand monetary easing
The Yen dropped by 0.4% to 87.41 per Dollar and fell by 0.4% to 114.28 per Euro at 1.45 p.m. in Tokyo trading session on Wednesday. The Japanese currency weakens against the major counterparts, as market expects to see an expansion of monetary easing, which will decrease a value of the currency. The BOJ holds a next meeting on January