The yen rate against the US dollar is displayed at the dealing room of a foreign exchange brokerage in Tokyo. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Glaring divergence in monetary policy between Japan and the United States becomes ever more apparent

Last month’s drift lower in the value of the Japanese yen versus the US dollar may not be over

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The yen rate against the US dollar is displayed at the dealing room of a foreign exchange brokerage in Tokyo. Photo: AFP
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