Ex-BOJ Iwata says yen overvalued from trade perspective -LDP official

The yen is overvalued from a trade perspective and the reversal of the currency’s strength is essential for the Bank of Japan to achieve its 2-percent inflation target, former deputy central bank governor Kazumasa Iwata was quoted as saying by a Japanese ruling party official. The comments weigh …

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Ex-BOJ Iwata says yen overvalued from trade perspective -LDP official

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