Yen Looks To Regain Status As Top Funding Currency From Dollar
November 5th, 2009 by
The Yen is starting to regain its status as a funding currency as other countries begin to plan their exit strategies from current stimulus efforts. The BoJ signaled that it wouldn’t be following its counterparts lead as it expects the economy will remain in a deflationary period over the next two years.
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Yen Looks To Regain Status As Top Funding Currency From Dollar
Posted in Foreign Exchange |