US dollar vs the yen / written by Sivaramkrishna V.
The United States has been favouring a 'strong dollar policy' for many years. But the recent remarks by the Treasury Secretary hint at the need for a weak dollar against the Japanese yen. The weakening of the yen against the dollar is contributing to imports from Japan getting cheaper and...
Saved in:
| Online Access: |
Online Access (via Alexander Street Press) |
|---|---|
| Main Author: | |
| Other title: | United States dollar versus the Yen. |
| Format: | eBook |
| Language: | English |
| Published: |
[Hyderabad, Andhra Pradesh] :
IBS Center for Management Research,
[2003]
|
| Subjects: |
| Summary: | The United States has been favouring a 'strong dollar policy' for many years. But the recent remarks by the Treasury Secretary hint at the need for a weak dollar against the Japanese yen. The weakening of the yen against the dollar is contributing to imports from Japan getting cheaper and exports to Japan becoming costlier. For Japan, a weaker yen will help increase the exports to the US and also to help the inflation of the Japanese economy. The Bank of Japan has been embarking on currency market interventions to stop the yen from rising. The G7 Communique and the US Treasury Secretary's visit to Japan have increased the pressure on Japan to let the exchange rates be determined purely by the market. |
|---|---|
| Item Description: | Title from resource description page (viewed June 17, 2016) Case code: MAC0002. |
| Physical Description: | 1 online resource (11 pages) : tables. |
| Bibliography: | Includes bibliographical references. |
| Language: | In English. |