Head of Japanese banking lobby:If Strong Yen Continues, Economy May Be Hurt

Discussion in 'Wall St. News' started by ASusilovic, Jul 14, 2011.

  1. ASusilovic

    ASusilovic

    TOKYO (Dow Jones)--The new head of Japan's most influential banking lobby said Thursday that the country's economy could be hurt by any further rises in the yen, which hit a fresh four-month high against the dollar earlier in the day.

    http://e.nikkei.com/e/fr/freetop.aspx
     
    #1     Jul 14, 2011
    Share
  2. Visaria

    Visaria

    Japanese economy has been hurting for about 20 years now. Perhaps they should do something different?
     
    #2     Jul 15, 2011
    Share