A weakening of Japan’s currency to 95 or 100 yen to the dollar is nothing to worry about, an economic adviser to Prime Minister Shinzo Abe said on Friday, suggesting that recent yen declines are justified and beneficial for the export-reliant economy. “(A dollar/yen level of) 100 is a very good b…
Originally posted here:
Abe’s aide says Japan shouldn’t fret if yen falls to 100 vs dlr
