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|19 February, 2019

Dollar edges up against yen after BOJ Kuroda's policy comments

The dollar stood little changed at 110.655 yen after dipping as low as 110.45 earlier in the day.

U.S. Dollar and Japan Yen notes are seen in this picture illustration June 2, 2017.

U.S. Dollar and Japan Yen notes are seen in this picture illustration June 2, 2017.

REUTERS/Thomas White

TOKYO - The dollar received a mild lift versus the yen on Tuesday after Bank of Japan Governor Haruhiko Kuroda said the central bank will mull further policy easing if efforts to achieve its price goal come under threat.

Kuroda, speaking at the Japanese parliament, said the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target. 

The dollar stood little changed at 110.655 yen after dipping as low as 110.45 earlier in the day.

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(Reporting by the Tokyo markets team; editing by Richard Pullin) ((shinichi.saoshiro@thomsonreuters.com; Reuters Messaging: shinichi.saoshiro.reuters.com@reuters.net))

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