Usd/jpy - 94.04 ... The statament of BOJ indicated its policy board instructed staff to examine steps to support private banks on fund supplies seems to leave open the possibility that the BOJ may take steps to further bring down TIBOR, an interest rate banks use to set lending rates on corporate loans. However, trading is relatively thin ahead of Japan's holiday next week. Offers by Japanese exporters are tipped at 94.60 whilst bids by retail investors are located at 93.50.
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