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Old 08-11-2009, 10:12 AM
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Post Japan holds key interest rate and adopts cautious approach

Japan’s central bank has again kept its key interest rate at 0.1% and has adopted a cautious outlook for the economy. Interest rates in the world’s second largest economy have been on hold since December, when the Bank reduced rates from 0.3%. The bank said conditions had stopped deteriorating but warned that unemployment is expected [...]

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