Home / currency / Forbes : It’s Not Quite China, But Japan Is Controlling Currency Prices To Help Exporters

Forbes : It’s Not Quite China, But Japan Is Controlling Currency Prices To Help Exporters

according to

Suppose for a second now that Japan is intentionally pushing its yen currency lower so exporters such as Honda and Panasonic can earn more money overseas.
Consumer prices in Japan fell 0.2% last year but should rise 1% this year, French investment bank Natixis forecasts.
But a weak currency windfall alone, which exporters have experienced before, won’t necessarily save industry despite government moves to hold yen prices down.
You can’t technically call it manipulation, because unlike in China the monetary agency Bank of Japan doesn’t set rates for the yen.
A weak currency lets exporters exchange U.S. dollars earnings for more yen in Japan.

referring to

It’s Not Quite China, But Japan Is Controlling Currency Prices To Help Exporters

It’s Not Quite China, But Japan Is Controlling Currency Prices To Help Exporters*/

Suppose for a second now that Japan is intentionally pushing its yen currency lower so exporters such as Honda and Panasonic can earn more money overseas.
Consumer prices in Japan fell 0.2% last year but should rise 1% this year, French investment bank Natixis forecasts.
But a weak currency windfall alone, which exporters have experienced before, won’t necessarily save industry despite government moves to hold yen prices down.
You can’t technically call it manipulation, because unlike in China the monetary agency Bank of Japan doesn’t set rates for the yen.
A weak currency lets exporters exchange U.S. dollars earnings for more yen in Japan.

referring to

It’s Not Quite China, But Japan Is Controlling Currency Prices To Help Exporters

It's Not Quite China, But Japan Is Controlling Currency Prices To Help Exporters*/

Suppose for a second now that Japan is intentionally pushing its yen currency lower so exporters such as Honda and Panasonic can earn more money overseas.
Consumer prices in Japan fell 0.2% last year but should rise 1% this year, French investment bank Natixis forecasts.
But a weak currency windfall alone, which exporters have experienced before, won’t necessarily save industry despite government moves to hold yen prices down.
You can’t technically call it manipulation, because unlike in China the monetary agency Bank of Japan doesn’t set rates for the yen.
A weak currency lets exporters exchange U.S. dollars earnings for more yen in Japan.

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