Japan Forfeits 30 Years to the Gyrations of the Yen
Author: Tsuchiya Hideo
Categories: In-Depth with Nippon.com
What was once called Japan’s lost decade has now persisted for much longer than 10 years. Despite hopes that the policies of Abenomics would generate a virtuous circle of recovery, turmoil overtook the world economy before they could do so. The yen appreciated, stock prices fell, and it does not seem likely that the negative interest rate of the Bank of Japan will resuscitate the economy.
Tags: Abenomics, Bank of Japan, black monday, BOJ, currency, deflation, dollar, domestic, Economy, exchange, exchange rate, exports, fiscal policy, industry, inflation, interest rates, Japan, lending, moetary policy, money, nippon.com, public works spending, Shinzo Abe, stock, stock prices, strong yen, yen
Dollar retreats to lower 125 yen zone after its ascent to 13-year high
Author: Nikkei Asian Review
Categories: Daily Japan News
After reaching a 13-year high, the dollar has receded to the low 125-yen zone.
Dollar tops 125 yen for 1st time in over 12 years before profit-taking
Author: Nikkei Asian Review
Categories: Daily Japan News
The dollar briefly crested the 125 yen mark on Tuesday.
Yen slips to 12-year nadir against dollar; talk of U.S. interest rate hike shatters ¥124 threshold
Author: The Japan Times
Categories: Daily Japan News
Rumors of a US interest rate hike has sent the yen to its lowest point versus the dollar in twelve years.