Yen depreciates on government pressure to expand monetary easing

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
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 21-22, where new economy's boosting measures could be announced.
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