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Japan ex-currency tsar Yamasaki sees little scope for more yen falls
Former top Japanese currency official Tatsuo Yamasaki said he expects the yen will not weaken significantly from the current 150 to the dollar and is likely to regain strength next year. Yamasaki, Japan's top financial diplomat from 2014 to 2015 as vice minister of finance for international affairs, told Reuters in an interview that the Bank of Japan could ditch its negative interest rate policy in April at the earliest, when policymakers consider the results of annual labour talks held in the spring, as well as other indicators. Last year, yen weakness triggered a spike in import prices, which in turn fed into ... (full story)
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