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Why the Bank of Japan is right to stay 'passive'

By refraining from adding further to its unprecedented monetary stimulus, the Bank of Japan (BOJ) has signaled increasing confidence in the nation's economic recovery, analysts told CNBC.

What's important in Asia this week

It's the turn of Asia's central banks to take center stage this week after central banks in Europe hogged the market spotlight last week.

Bank of Japan chief makes yen jump — but versions of what he said differ

One of the hottest stories in the world is the decline of the Japanese yen, thanks to the aggressive easing by the Bank of Japan. In such a central bank-obsessed environment, the utterances of central bank chiefs become important events.
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