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Further sharp yen falls would concern Japan, adviser says
Further sharp falls in the yen would be a concern for the Japanese government, William H. Saito, an advisor to the Japan government, said. The BOJ has several tools to counter further falls in the currency, Saito told the Reuters Global Markets Forum on the sidelines of the annual World Economic Forum in Davos. He didn't elaborate. The following are edited excerpts from the conversation. Q: What is the expectation on the yen? Do you see it falling further in 2017? A: The exchange rate is going to be difficult to read given the uncertainty in the U.S.. However, I think if it falls further than this in a similar or ... (full story)
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- Jan 18, 2017 12:58pm Jan 18, 2017 12:58pm
- glenngie
- | Joined Nov 2009 | Status: Member | 1323 Comments
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- Jan 18, 2017 1:08pm Jan 18, 2017 1:08pm
- anudora
- | Joined Aug 2010 | Status: synchronizing with the market | 62 Comments | Online Now
Take my view with a pinch of salt!
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- Jan 18, 2017 1:09pm Jan 18, 2017 1:09pm
- Ghassforex
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