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BOJ's rate hike leaves wide yield gap with U.S., Europe, causes yen to slide

TOKYO -- The Bank of Japan's first rate hike in 17 years may be a turning point in the country's decades-long history of deflation, but so far it has been聽regarded as a baby step by those engaged in the cross border investments known as carry trades -- and that has weakened the yen....

Xinhua News Agency
Xinhua News Agency

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