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28 Aug 2026 · 03:53 GMT+3

Japanese Yen strengthens as Tokyo core CPI inflation bolsters BoJ rate hike chance

The USD/JPY pair declines to around 159.30 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as Japan’s Tokyo Consumer Price Index (CPI) inflation data strengthens the case for a September Bank of Japan (BoJ) rate hike.

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