The Japanese currency slipped to 87.77 against the Swiss franc in early Asian trading on Friday, the lowest mark since October 30, 2008. The franc-yen pair is currently trading near Thursday's closing value of 87.62.

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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