HONG KONG - Asian markets rallied Thursday after US Federal Reserve boss Ben Bernanke said its stimulus drive would be kept in place ``for the foreseeable future'', but Tokyo's advance was capped as the yen surged against the dollar.
The news poured cold water on expectations the central bank would start to pull back on massive bond-buying later this year, which has sent global forex and equity markets reeling in recent weeks.
Tokyo rose 0.39%, or 55.98 points, to 14,472.58. Stocks' gains were held back as the greenback, which tumbled below the 100 yen level late Wednesday, fell further on Thursday after the Bank of Japan held off any more stimulus measures.
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