CFOs revise plans as Japan holds down yen

09/20/2010 | CFO.com

Japanese officials are making efforts to weaken the yen in a bid to boost exports and strengthen the domestic economy. The move could spell trouble for U.S. firms that have relied on the currency's strength as part of their investment strategy or business operations, experts say. CFOs should adjust their outlooks to reflect the currency's lower value, advises Ryan Gibbons, managing director at GPS Capital Markets.

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