The Japanese currency reached a 3-day low of 80.49 against the Canadian dollar in early Asian deals on Friday. The loonie-yen pair is currently worth near Thursday's North American closing value of 80.27.

Latest economic report from Japan showed that the nation's overall consumer price index for February was down 0.3 percent on month and 0.1 percent on year, while the core CPI was flat on year.

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