Japan is not seeking a strong yen, it just wants a stable currency, David Roche says
Publishing timestamp: 2024-05-09 02:17:29
Summary
Veteran investor David Roche believes that Japan is not aiming for a particularly strong yen, but rather a relatively stable currency. The BOJ has expressed concerns about the risks of a sharply weaker yen driving up import prices. Roche suggests that Japan would need to tighten monetary policy in order to achieve a strong yen.
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Tickers: JPY=,
Keywords: currency markets, prices, usd/jpy, world markets, business news, japan,