Bank of Japan upgrades October assessment

- Central Banking staff
- 15 Oct 2003

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The Bank of Japan raised its assessment of the economy for the second month running Tuesday but warned that a too strong yen could hurt exports. "The foundation for a gradual recovery in Japan's economy is being laid, as the environment for exports and business sentiment has improved," the BoJ said.

Source: Associated Press

Japan's central bank raised its assessment of the economy Tuesday for the second straight month in its report for October, while warning that an overly strong yen may crimp

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