Japan’s currency has gained 12% against the dollar this year, increasing pressure on the Bank of Japan to steal actionFears that Japan’s anti-deflation strategy is unravelling own intensified after a sharp rise in the value of the yen against the dollar prompted a concerted attempt by policymakers in Tokyo to talk down the value of the currency. Related: Japan's economic plan 'backfiring' as yen surges Continue reading...
Source: theguardian.com