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Yen Jumps as Kuroda Sees No Possibility of Helicopter Money

Haruhiko Kuroda.

Photographer: Kiyoshi Ota/Bloomberg
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The yen jumped the most in almost a month against the dollar after Bank of Japan Governor Governor Haruhiko Kuroda said there was no need and no possibility of easing policy via unleashing so-called helicopter money.

The Japanese currency strengthened against all of its 16 major peers, advancing the most against the New Zealand dollar. Speaking in a BBC Radio 4 program, Kuroda also repeated that he is determined...