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Shigeru Ishiba Re-elected as JP PM
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The Diet, Japan’s parliament, was convened today (11th) to elect a Prime Minister. Liberal Democratic Party President Shigeru Ishiba won the second round of voting and was re-elected as the Prime Minister of Japan. This is the first time in 30 years that The Diet has held an one-on-one runoff vote.

JPY came under pressure today and last dropped 0.5% to 153.4 against the USD.
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