Nakao Defends Policy Weakening Yen as Trade Tensions Mount

Japan’s top currency official pushed back against international criticism of the nation’s monetary policy, saying that the Bank of Japan (8301) isn’t engaged in a competitive devaluation of the yen. “The BOJ’s monetary policy, decided yesterday, is aimed at ending persistent deflation, so critic…

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Nakao Defends Policy Weakening Yen as Trade Tensions Mount

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