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The Yen: How Low Can It Go?
100 yen - in Japan enough to get you a bottle of mineral water, a ball-psystem.scripts.oint pen, even a burger at McDonald's. It's also the next big target traders are pegging for the yen's slide against the dollar, from its historical peak of 75.31 hit in October 2011. The last time the dollar traded above 100 yen was in April 2009. Prime Minister Shinzo Abe's calls for aggressive monetary easing have brought the weak yen back, much to the relief of Japan's exporters.
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