Japan – Worst currency crash in 20 years a concern

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The weakening yen is the number one concern for the Japanese government. The fall of the currency has made worse the imported inflationary pressures, while there is also growing global commodity and oil costs.

Finance minister, Shunichi Suzki revealed that the benefits accruing to the economy is much lower than the damage to the economy.

The Ukraine crisis has also contributed negatively to the Japanese economy.

The government has not replied on how it plans to manage the problems.

This year, the yen has lost about 10 percent to the dollar.

 

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