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BoJ stands pat on monetary policy, upgrades assessment

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(Globalpost/GlobalPost)

Japan's central bank on Thursday left its vast monetary easing programme unchanged and boosted its assessment of the economy, using the word "recover" for the first time in more than two years.

"Japan's economy is starting to recover modestly," the Bank of Japan said in a statement after a two-day policy meeting.

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http://www.globalpost.com/dispatch/news/afp/130710/boj-stands-pat-monetary-policy-upgrades-assessment