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Japan will resume subsidies for utilites and continue with gasoline subsidies

Fuji News Network (FNN) citing Prime Minister Kishida:

to resume utility subsidiesto maintain gasoline subsidies

Also, via NHK:

Japan’s government is in the final preparation stage to adopt additionnal steps to ease the burden of higher electricity and gas prices

USD/JPY is off from its earlier highs:

This article was written by Eamonn Sheridan at www.forexlive.com.

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