JPYINR trading range for the day is 63.79-65.12.
JPY dropped as the dollar was supported as trade issues remained foremost on investors’ minds after U.S. President insisted that trade talks with China had not collapsed.
BoJ’s Governor Haruhiko Kuroda: Japanese banks making reasonable management of CLOS, will continue to carefully monitor investment by banks
Japanese Finance Minister Taro Aso says that he is not thinking about additional fiscal measures and is unsure how the US-China trade war will affect Japan’s economy.
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