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Japan drawn to KGBs on need to boost competitive edge
May 02, 2012
The need to enhance its competitive advantage, as well as diversify its FX reserves, has prompted Japan’s central bank to seek out Korean debt for the first time.
The need to improve the currency imbalance between a strengthening Japanese yen and weakening Korean won is acting as prime motivation for the Japanese government to invest in Korean debt for the first time.
Japan’s central bank is reportedly nearing...
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