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Helicopters Circle Over Bank of Japan With Kuroda Running Out of Options

Negative interest rates have failed to stop the yen from strengthening—what's next?
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Goncalves: BOJ Not Admitting QE Doesn’t Work

Japanese Prime Minister Shinzo Abe's economic strategy relies on a weak yen to fuel exports, boost profits and end deflation, but the currency hasn't been cooperating.

Not even sub-zero interest rates have helped weaken the yen. The Bank of Japan (BoJ) in January imposed a negative rate of minus 0.1 percent on some reserves, and the yen is still up 18 percent against the dollar since the start of the year.