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Thu, 23 Feb 2006
More on Japanese tightening.
`The yen got its boost because Fukui's comments signaled the moment of truth is approaching,'' said Kenichiro Ikezawa, who helps oversee the equivalent of about $1 billion at Daiwa SB Investments Ltd., a unit of Japan's second-largest brokerage. ``An end to the super-easy policy in April could be a done deal, and the bank may raise rates in the last six months of 2006.''
Posted 04:17

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