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Japan’s PM Vows to Protect Employment

M. Ali 16 September, 2020 7:09 pm Forex Market, Market Update

The new Prime Minister of Japan, Yoshihide Suga, has vowed to protect employment against the effects of the COVID-19 pandemic.

On Wednesday, in his first remarks as the successor of Shinzo Abe, the Prime Minister said that COVID-19 is the biggest challenge facing the Japanese economy, Reuters reported.

Following the announcement of the new cabinet, the Japanese Yen (JPY) surged to its highest level against the US Dollar (USD) in about two weeks.

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