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Japan’s Gov’t Says Action May Be Needed to Stem Rise in Yen

Japan’s Finance Minister, Hirohisa Fujii, said today that the government is “very closely” watching the yen after the currency rose to a 14-year high against the dollar. An appreciating yen is especially worrisome to Japan’s government as Japan is heavily dependant on its exports and any increase in the value of the yen, raises the costs of its exports

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Japan’s Gov’t Says Action May Be Needed to Stem Rise in Yen

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