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  1. Reuters breaking news quoting NHK that Japanese PM Naoto Kan likely to appoint Environment (not defense) Minister Ryu Matsumoto to new post of Reconstruction Minister.Although the greenback traded narrowly inside 80.39-80.57 range, dlr's downside wud be ltd somewhat as sizeable bids by good Japanese names are reported fm 80.20 to 80.00 (US $2-3 bln). On the upside, offers by Japanese exporters are only tipped at 80.75/80 n 80.95/00
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