Yen rises on inflation data

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen rose against the U.S. Dollar after the data showed that inflation in Japan increased the most since 2008, indicating that the central bank might not need additional stimulus to fight deflation. The currency jumped 0.7% to 98.60 per U.S. Dollar so far today after rising 1% yesterday. The Yen climbed 0.7% against the Euro as well to 130.91.
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