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Govt panel member says BOJ's yield cap causing 'negative spiral' of yen falls

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Govt panel member says BOJ's yield cap causing 'negative spiral' of yen falls

The Bank of Japan's resolve to keep borrowing costs ultra-low is causing a "negative spiral" of yen weakness that highlights the need to tweak its yield cap policy, said Yuri Okina, a member of a key government panel, adding to criticism of the BOJ's policy.

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Govt panel member says BOJ's yield cap causing 'negative spiral' of yen falls

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Govt panel member says BOJ's yield cap causing 'negative spiral' of yen falls

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