BOJ money market data suggests Japan did not intervene in currency market on Friday
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TOKYO, Jan 26 : Bank of Japan money market data on Monday indicated that a spike in the yen rate against the dollar on Friday was not likely the product of official Japanese intervention. The central bank's projection for Tuesday's money market conditions indicated a 630 billion yen ($4.09 billion) net outflow of funds. That exceeded brokerage forecasts of between plus 100 billion yen to minus 300 billion yen, although still below levels seen during actual bouts of intervention. "The size of
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