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Kuroda blames yen's fall on strong dollar; upbeat on economy

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By Leika Kihara

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The yen is weakening due to lack of demand, stagnant economic activity and a geriatric population increase and Kuroda’s ineptness...

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Here's hoping for it to reach Y120+ per $ again soon. I've been itching for a new car. And Y10 per dollar really adds up when you exchange that much.

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We've entered into yet another downward cycle here in Japan, happens every 10 years or so. Question is, whether the incompetence of the Government will lead to the 300 JPY : 1 US$ of the past, or somewhere in between...

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The yen is weakening due to lack of demand, stagnant economic activity and a geriatric population

I doubt it. Then yen shot to a record high of around 75 when all those conditions existed, after Fukushima. The reason now is the threat the coronavirus poses to the Japanese economy and those of its neighbors.

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