Impact on Japan of a volatile yen

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Japan's quarterly growth figures for the first three months of the year have been revised up.

The positive data adds to signs that Prime Minister Shinzo Abe's economic revival plans - dubbed "Abenomics" - are having the desired effect on the world's third largest economy.

The data comes on the back of a series of recent aggressive policy moves, which have resulted in a sharp decline in the yen's value.

The Japanese currency has fallen nearly 25% against the US dollar since November last year.

Nomura's Stuart Oakley told the Asia Business Report that the yen's weakness will have a positive impact on the country's exports.

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