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Yen Rallies as Ishiba Wins LDP Leadership, Nikkei Futures Fall

(Bloomberg) — The yen reversed losses and surged against the dollar while stock futures fell after Shigeru Ishiba was voted leader of the Japan’s ruling party, beating a rival who opposed interest rate hikes. Most Read from Bloomberg The currency strengthened as much as 1.3% to 142.96 on the announcement, …

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