Yen (JPY USD) Historic Slump May Reach 170 per Dollar, Suntory CEO Says

Yen (JPY USD) Historic Slump May Reach 170 per Dollar, Suntory CEO Says

The Japanese yen, back near its weakest against the greenback in over three decades, may extend its bruising decline if the central bank sticks to a policy that’s keeping interest rates low, Suntory Holdings Ltd. Chief Executive Officer Takeshi Niinami predicts. The currency could fall to 170 yen per dollar, a level last seen in … Read more