Sakakibara Says Japan Punishes Neighbors as Yen Heads to 98

Japan is punishing its trading partners by guiding the yen toward levels that haven’t been seen in almost four years, said Eisuke Sakakibara, a former Ministry of Finance official. Japan’s currency has entered a range of between 88 to 98 per dollar, according to Sakakibara, known as “Mr. Yen” for…

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Sakakibara Says Japan Punishes Neighbors as Yen Heads to 98

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