Japanese yen lags as corporate goods prices slide
May 15, 2015 7:32 amVideo
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The Japanese yen weakened on Friday following figures displayed corporate good prices declined a year following the implementation of sales tax hike.
April CGPI slid 2.1% year-on-year, the first fall in 25 months since March 2013.
The yen closed at ¥136.22 per euro, ¥119.20 per US dollar, ¥188.27 per British pound, and ¥130.76 per Swiss franc.
Later in Tokyo, Bank of Japan Governor Haruhiko Kuroda will give a speech on monetary policy at a seminar hosted by the Yomiuri Shimbun.
The material has been provided by InstaForex Company – www.instaforex.com
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