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Transcripts For KRCB Newsline 20121226

More yen selling. The u. S. Dollar is rising further against the japanese currency on the Foreign Exchange market. The dollar has risen to the 85yen level for the first time in 20 months. Investors are selling yen on the tokyo Foreign Exchange on speculation policy makers at the bank of japan will agree to an inflation target proposed by the incoming administration. The new Prime Minister shinzo abe will take up office later in the day. Analysts say the b. O. J. Will likely further boost its monetary easing measures. The dollar is currently trading at 85. 2631 yen. Ai uchida joins us now from the business desk for more on that. So ai, investors have been trading the dollaryen quite dramatically over the last several weeks. Thats right, catherine. Just a month and a half ago that pair was trading in the mid 79yen range. Almost six whole yen weaker in just six weeks. A dramatic move indeed. So going forward, what can we expect . Well, we spoke to disaburo nezo for his outlook. He is a Se

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