Yen holds firm despite gov't countermeasures
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GG2141
I believe that one day soon the Japanese Govt. will be heralded as geniuses for pioneering zero growth stability. 25 years of no growth and a stagnant economy, yet, still doing quite well.
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malfupete
Since Japan derives much of its economy on exported goods, I'd tend to think that Japan would rather have a weakened Yen. i.e cheaper to buy yen which makes Japanese goods "cheaper" to importers like the US and China.
Imports are cheaper due to a rising Yen.. but duties and tariffs would be slapped on them so I don't think there would be much benefit to the general populace.
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