Yen declines versus major peers on BOJ stimulus speculation

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Source: Bloomberg
© Scanpix/Reuters
The Yen declined versus most major counterparts on Friday amid speculation that the Bank of Japan will create further stimulus measures, cutting demand for the nation's assets. The Yen was at 79.31 per U.S. Dollar from 79.28  yesterday, when it reached 79.47, the weakest level since Aug. 21. It fell 0.1% to 103.67 per Euro, after declining 0.6% to 104.14 yesterday, the most since May 8.
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Fri, 19 Oct 2012 07:51:27 GMT

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