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Japanese yen weakens against the dollar after BoJ keeps interest rate unchanged at 0.25%.
The Japanese yen weakened against the US dollar after the Bank of Japan (BoJ) kept its key interest rate at 0.25%.
This came after the Federal Reserve forecast fewer rate cuts, contributing to the yen's decline to over 155 per dollar.
The BoJ noted Japan's economy has moderately recovered but faces risks from overseas activity, commodity prices, and domestic wage-setting behavior.
The decision not to raise rates was due to uncertainties over next year's wage hikes and political factors like budget discussions.
The government passed a 14 trillion yen stimulus package to support the economy.
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El yen japonés se debilita frente al dólar después de que BoJ mantenga la tasa de interés sin cambios en 0,25%.