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Japan

BoJ's Hayami passes away

Masaru Hayami, the governor of the Bank of Japan who presided over the institution's introduction of quantitative easing, has died. He was 84.

Japanese outlook grim

Economic conditions have deteriorated significantly and are likely to continue doing so for the time being, notes the Bank of Japan in its latest Monthly Report on economic and financial developments.

What 1 trillion can buy you

1 trillion-worth ($10.6 billion) of central bank interventions moves the yen/dollar rate by 1.7%, finds a new paper from the Bank of Japan.

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