NEW YORK Jan 31 The U.S. dollar spurted to a fresh 2-1/2 year high on Thursday, reaching 91.41 yen in a move that extended its declines on expectations of further easing of monetary policy.
In midday New York trade, the dollar traded up roughly 0.30 percent against the yen, beating just slightly the previous high of 91.40 set on Wednesday.
The dollar has rallied 12 percent versus the yen since mid-November.
A Bank of Japan deputy governor earlier on Thursday flagged the strongest signal yet that it will boldly implement more stimulus if needed to achieve the bank's new 2 percent inflation target.
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Next year, Dr. Ketan Desai is slated to head the World Medical Association (WMA), guardian of the Hippocratic Oath. The WMA is standing by him, even as he battles conspiracy allegations in two Indian courts. Desai has been facing allegations that he conspired in 2009 to have the Medical Council recommend that a private medical college be allowed to add more students. Full article