Weak Yen Helping Japan’s Economic Recovery

According to this Bloomberg article, Japanese Yen has hit a six year low after the government imposed a higher consumption tax. Political advisors feel that this will in fact aid in the economic recovery process for the country. This article claims that since the yen has gotten weaker, international imports have in turn become more expensive, thus encouraging large corporations to remodel their business plan in preparation for a weaker yen.

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