Japan denies scrapping yen policy

Japan's Ministry of Finance has taken the unusual step of denying a report on The Times newspaper's website that Japan's campaign to suppress the rise of the yen against the dollar had 'officially' ended.

The newspaper report, which quoted an unnamed source in the Bank of Japan (BOJ), met with some scepticism as to its accuracy, but it moved the yen to a five-week high of 105.26 to the dollar for a while.

Finance Minister Sadakazu Tanigaki dismissed the article as 'speculative' and denied that