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Japan
Publication year - 2016
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.12219
Subject(s) - summit , currency , liberian dollar , economics , devaluation , volatility (finance) , us dollar , intervention (counseling) , obstacle , international economics , monetary economics , political science , finance , medicine , geography , physical geography , law , psychiatry
So far this year the yen has risen by around 10% to ¥108 to the US dollar. On 8 April Finance Minister Aso said that Japan was ready to take “ necessary steps to protect the economy from currency volatility ”, although currency intervention was not explicitly mentioned. The hosting by Japan of a G7 summit in late May is a political obstacle to currency intervention before then.