Japan Keidanren Chief Tokura: Fast FX fluctuation not fascinating for economic system
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- Fast FX fluctuation not fascinating for economic system.
- Need FX to stabilise as a lot as potential.
The surging yen shouldn’t be one thing that the Japanese are completely satisfied about for the time being. There is a reuters report saying that Japanese officers will push again towards any request to spice up the yen in commerce talks with the US. “Three sources with information of the negotiations” say that Japan sees little scope for direct motion corresponding to foreign money intervention or a right away price hike.
This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.
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