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September 01, 2020 1:26pm
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GBP/JPY Maintains Position Above 198.00 After LDP Ishiba Re-Elects As Japan Prime Minister

GBP/JPY appreciates due to uncertainties regarding the future BoJ interest rates outlook. LDP’s Shigeru Ishiba has been re-elected as Japan's Prime Minister, securing 221 of the 465 votes in the lower house of parliament.
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