28 January 2004, 10:08  BOJ seen buying dollars from Y105.80 - traders

TOKYO, Jan 28 - The Bank of Japan was seen buying dollars against the yen from about 105.80 yen on Wednesday, Tokyo traders said. The dollar suddenly jumped to a high of 106.65 yen shortly after the suspected BOJ action before falling back to 106.07/10 as of 0703 GMT, traders said. A senior currency trader in Tokyo said the central bank appeared to be intervening through several Japanese banks.//

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