Bernanke: Japan Not Manipulating Yen With Policy

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July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says Japan doesn’t manipulate the yen to gain an edge for the nation’s exports, calling its recent monetary policy part of a wider strategy aimed at boosting the world’s third-largest economy. Bernanke speaks in response to questions from Representative Gary Peters, a Michigan Democrat, during his semiannual testimony before the House Financial Services Committee in Washington. (This is an excerpt. Source: Bloomberg)


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