Yen’s recent fluctuations too rapid, one-sided, Bank of Japan’s deputy governor says

Bank of Japan Deputy Governor Masazumi Wakatabe said on Saturday the yen’s recent fluctuations were “clearly too rapid and too one-sided,” signalling caution over the potential economic damage from the currency’s slump to 32-year lows against the dollar. Wakatabe, speaking in a seminar during the IMF and World Bank annual meetings in Washington, also said […]

Continue Reading