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Japan PM Kishida: Weak yen has both merits and demerits | Forexlive

  • Weak yen boosts exporters’ profits
  • But it hurts consumers and some businesses through higher import costs

Stating the obvious but yeah. Amid the recent decline in the dollar, Japanese authorities have been let off the hook and need not offer up remarks on the exchange rate that frequently. Even the above is a step down from the whole speculative and intervention talk with regards to the yen.