Abe says no need for BOJ to be swayed by yen's depreciation

Raising rates to prevent currency weakening 'clearly wrong,' former Japan PM says

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Former Japanese Prime Minister Shinzo Abe, left, promoted the Bank of Japan's ultra easing policy as part of his "Abenomics" economic package when he was prime minister.

Nikkei staff writers

TOKYO -- Former Japanese Prime Minister Shinzo Abe said Monday that the Bank of Japan would be mistaken to tighten policy this week because of the weakening yen.

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