Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Further yen weakness needs action, not words; foreign bond buying needed to extend currency slide
The announcement from Masaaki Shirakawa, Bank of Japan (BoJ) governor, that he will step down earlier than previously assumed has led to a renewed wave of yen weakness, but his successor will need to implement radical action for the slide in the currency to continue.
To receive similar stories, sign up for Regions and emerging markets emails.