The drop in oil prices has worked to further
highlight the divergence in U.S. and Japanese monetary policies,
with the Bank of Japan's aim of vanquishing deflation expected
to take longer than initially expected.
The dollar was up 0.3 percent at 118.93 yen <JPY=> after hitting
119.02 on the EBS trading platform, the highest since August
(Reporting by Tokyo markets team; Editing by Michael Perry)
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