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Currencies

Yen's lost decades: Japanese buying power sinks to near 50-year low

Loss of currency strength threatens higher costs for imports

The yen has lost value against the dollar even with prices rising faster in the U.S. than Japan.   © Reuters

TOKYO -- A measure of the yen's strength has fallen to almost its lowest level in half a century as a combination of currency weakness and stagnant prices saps its purchasing power.

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