Japan gives mixed signals on yen; world leaders worry

01/27/2013 | Wall Street Journal, The · Reuters · Yomiuri Shimbun (Japan) · Bloomberg

Japan's economy minister says the policies of the new government, in concert with the Bank of Japan, are not intended specifically to weaken the yen, whose value remains a function of the currency markets. But a key adviser to Prime Minister Shinzo Abe says the yen still has room to fall. Meanwhile, global leaders at the World Economic Forum in Switzerland expressed concern over Japan's anti-deflation policies, and China's foreign-exchange regulator warned of the possibility of currency wars.

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Wall Street Journal, The · Reuters · Yomiuri Shimbun (Japan) · Bloomberg

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