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The Bank of Japan's new board member Junko Nakagawa will hold a news conference at 1700JST (0800 GMT) Wednesday, after taking office earlier in the day, the central bank said. Nakagawa, a former CEO of Nomura Asset Management, replaced Takako Masai, after her five-year term ended on Tuesday.

Nakagawa's view on monetary policy is unknown at present, but she is expected to support the position of Governor Haruhiko Kuroda.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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