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BoJ will increase the quantity of JGB buys to JPY 480 bn, Yen unfazed

The Financial institution of Japan (BoJ) introduced a rise within the quantity of purchases of the Japanese Authorities bonds (JGBs) which have 5 to 10 years remaining till maturity from JPY 430 billion to JPY 480 billion.

Nothing additional is reported on the identical.

The USD/JPY pair had little impression on the above headlines, maintaining its vary close to 111.80, down -0.9% up to now.