TOKYO : Nearly half of Japanese companies see the weak yen as bad for their business, a private survey showed on Tuesday, suggesting the currency's recent sharp decline is hurting business sentiment and clouding the economic outlook.
When asked how the yen's decline to around 130 per dollar was affecting their business, 46.7 per cent of companies polled said the impact was negative, the survey by Tokyo Shoko Research showed. Among smaller companies, the ratio of those who felt the weak yen was negative for their business was 48.2 per cent.
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Japan Finance Minister says will work with BOJ on possible steps to curb yen slumpTOKYO: Japanese Finance Minister Shunichi Suzuki on Tuesday (Jun 14) reiterated his concerns about the recent rapid yen weakening, saying the government will coordinate any appropriate steps with the Bank of Japan as the currency slid to 24-year lows to the dollar. Suzuki told reporters that it was im
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Japan Finance Minister says concerned about rapid yen weakeningTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about recent rapid yen weakening as the currency slid to 24-year lows to the dollar.Suzuki told reporters he would take appropriate steps on currencies as needed, while keeping close communication with currency authorities
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