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Japanese Prime Minister Naoto
Kan has called on other
nations not to interfere with
Japan's effort to lower the
yen, should Tokyo decided to
intervene in the market. Mr
Kan, in a debate with his
rival for the ruling party
leadership, also accused the
eurozone nations of navigating
the single currency down.
Japan has been increasing the
prospect of intervention in
the currency markets amid
loud calls from businesses to
act on the surging yen, which is sitting at 15-year highs
against the dollar around 84
yen.
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