Japan unlikely to intervene, hike rates to strengthen yen -former FX tsar Shinohara ...Middle East

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Japan unlikely to intervene, hike rates to strengthen yen -former FX tsar Shinohara
Japan will find it hard to directly intervene in the currency market or raise interest rates to combat recent falls in the yen, which are likely to persist as its economic strength weakens, former top currency diplomat Naoyuki Shinohara said.

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