According to Khalee Times, Japan's finance minister has announced plans to forcibly weaken the Yen (the currency of Japan). This will be the second such currency intervention, the first having occurred in 2004. Some of the motivation behind this action is to bolster the country's competitiveness in exports. Other intentions could be more political for the Prime Minister who was elected in June earlier this year after the previous Prime Minister stepped down after negotiations with the USA to move a military air base did not result as intended.
Japan's announcement has come amidst ongoing concerns with China's yuan being undervalued.
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