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 TOKYO (AP) - The Bank of Japan decided Friday to keep a benchmark interest rate unchanged at 0.5 percent and the central bank's governor hinted that a rate hike may come later than July, quashing speculation for an imminent move.
Gov. Toshihiko Fukui's comments helped lift the dollar to a 4 1/2-year high against the yen.
After the bank's two-day policy meeting, Fukui told reporters that the bank's action isn't directly linked to data to be released next month.
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