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The Tokyo Stock Exchange continued its recovery phase, supported by the weakening of the yen, following signals from the Bank of Japan (BoJ), which indicated the institution’s intention to maintain the current expansionary monetary policy in the presence of instability in the financial markets.
The benchmark Nikkei index rose 1.19% to 35,089.62, a gain of 414 points. The Japanese currency weakened again against the dollar from a four-month high of 146.80, and against the euro at 160.20.