The yen has been falling since late last year, after Japan's newly elected Prime Minister Shinzo Abe made clear his determination to drive down its value. Photo: Reuters The yen has been falling since late last year, after Japan's newly elected Prime Minister Shinzo Abe made clear his determination to drive down its value. Photo: Reuters
The yen has been falling since late last year, after Japan's newly elected Prime Minister Shinzo Abe made clear his determination to drive down its value. Photo: Reuters
G7
Business

Yen slide continues as G7 signals tolerance

Group of Seven indicates it is prepared to let currency fall further, as Japanese stocks rise

Topic |   G7
Bloomberg
Bloomberg

Updated: 3:32am, 14 May, 2013

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The yen has been falling since late last year, after Japan's newly elected Prime Minister Shinzo Abe made clear his determination to drive down its value. Photo: Reuters The yen has been falling since late last year, after Japan's newly elected Prime Minister Shinzo Abe made clear his determination to drive down its value. Photo: Reuters
The yen has been falling since late last year, after Japan's newly elected Prime Minister Shinzo Abe made clear his determination to drive down its value. Photo: Reuters
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