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Shirakawa To Head Bank of Japan

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By Akemi Fujimoto
08 April 2008 @ 02:54 pm ET

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Government-named candidate for the Bank of Japan (BOJ) Governor and current BOJ Deputy Governor Masaaki Shirakawa, left, delivers his policy speech for his nomination during the hearing at the House of Representatives of the Diet in Tokyo Tuesday, April 8, 2008.

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A third rejection will be a devastating embarrassment for Prime Minister Yasuo Fukuda, who ran the risk of having no central bank head to send to G7.

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