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Sunday, April 7, 2013

BOJ's Kuroda brushes off asset-bubble concerns.

Bank of Japan Governor Haruhiko Kuroda has played down fears that his turbo-charged monetary easing policy will cause an asset bubble. "I don't think there's a bond or stock market bubble now and I don't see one emerging any time soon. But we will be vigilant of the risk," Kuroda said. Tokyo stocks enjoyed another bumper day, although the yen has firmed up against the dollar and was +0.3% at the time of writing.

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