The Japanese yen has
dipped to a 27-month low against the US dollar amid speculation that
policymakers will take steps to weaken the currency.
The Japanese currency has fallen almost 7% against the US dollar since mid-November 2012
Japanese Yen has also dipped against the euro and was trading at 113.60 yen against the single currency in Asian trade on Thursday - the lowest level since July 2011.
A weak yen bodes well for the Japanese exporters as it not only makes their goods more affordable to foreign buyers but also helps boost their profits when they repatriate their foreign earnings back home.
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