
FX VOICE: Is the yen really undervalued?
Feb 4, 2013
Despite being 6,000 miles away, the export-driven nation felt the first wave of the Brexit fallout much faster than many nations that sit between the UK and Japan. Having reached levels not seen since late 2013, the yen has climbed to 100 against the dollar, exporters are suitably unnerved and listening closely to the noises made by the Bank of Japan as to whether intervention is on the cards.
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