India, Aug. 31 -- The Japanese yen strengthened against other major currencies in the European session on Monday, as the recent economic data added the possibility that the Bank of Japan (BoJ) will raise its interest rates in September.
Data from the Ministry of Economy, Trade and Industry showed that industrial production in Japan was up a seasonally adjusted 0.1 percent on month in July. That beat expectations for a decline of 0.7 percent following the 1.9 percent gain in June.
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