SYFX

Japan’s Aso: The yen is gaining on dollar weakness

November 19, 2020 at 05:32AM

Aso says in theory, a weaker yen is better for exporters
In other words, that is mainly what he wants. Though he does try to be neutral and say that a weaker yen also raises import prices and affect local economies. But on the balance of things, Japanese officials would be more concerned about deflation pressures.

Leave a Reply

Your email address will not be published. Required fields are marked *