IMF Official: On balance yen depreciation helps Japan

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IMF Official: On balance yen depreciation helps Japan
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IMF Official: On balance yen depreciation helps Japan By anilpanchal7 USDJPY IMF RiskAppetite NewsTrading

“On balance yen depreciation helps Japan,” said an official from the International Monetary Fund , per Reuters, during early Friday morning in Europe.

It’s worth noting that International Monetary Fund Deputy Managing Director Kenji Okamura also said, “Asian economies must be mindful of spillover risks as a decade of unconventional easing policies by major central banks is withdrawn faster than expected.”retreats from intraday high following the news, recently down to 127.80, amid mixed clues and sluggish markets.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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