IMFs Japan Mission Chief: Weak yens impact on Japans economic growth is net positive ...Middle East

The IMFs Japan MIssion Chief says:Weak yen's impact on Japan's economic growth is net positiveBank of Japan will likely have room to raise interest rates further, though future tightening must be gradual and data-dependentWhen asked if recent yen moves justify foreign exchange intervention by Japanese authorities, IMF's Japan mission chief says she firmly believes G7 nations, including Japan, are committed to flexible FX regimes This article was written by Greg Michalowski at www.forexlive.com.

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