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Japanese Stocks Soar
Posted: Feb 18, 2013 6:54 AM by Janine Reyes
JAPAN -- Japanese stocks soared today following the G-20's decision not to single out the country for adopting policies that weakened its currency.
The Nikkei average jumped 2.1%, led by exporters and banks.
A statement issued by G-20 policy makers over the weekend did not single out Japan for manipulating its currency, the Yen.
The Yen weakened on the news, edging near a 33-month low against the dollar.
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