Marubeni CFO says expects a limited impact from the Bank of Japan rate hike ...Middle East

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Marubeni CFO says expects a limited impact from the Bank of Japan rate hike
Marubeni CFO: Expect limited impact on financing costs from BOJ’s rate hikeThe yen’s depreciation turning to appreciation due to monetary policies in Japan and US was as we had expectedWeaker yen against US Dollar and Australian dollar in April-June period contributed about 9 bln yen to profitUSD/JPY update, another volatile day:Marubeni Corporation is involved in importing and exporting (including third country trading)domestic business across a diverse range including lifestyle, IT solutions, food, agri business, forest products, chemicals, metals & mineral resources, energy, power, infrastructure project, aerospace & ship, finance, leasing & real estate business, construction, industri

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