Yen near record low against Swiss franc as safe haven appeal fades

Trade deficits and BOJ policy have eroded Japanese currency's strength

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The yen has lost strength against a range of currencies, including the Swiss franc. © Reuters

TAKAHISA TAMURA, Nikkei staff writer

TOKYO -- The yen has sunk to historic lows against the Swiss franc in a sign of how Japan's chronic trade deficits and monetary easing have sapped its currency's appeal to risk-averse investors.

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