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November 30, 2009 ???? Japanese yen falls after Minister’s comments by Kay Murchie Last week, the US dollar continued its fall against the Japanese yen, sliding to a 14-year low. The falls led to Japan’s finance minister, Hirohisa Fujii, to say that the Government is monitoring the yen but did not suggest immediate intervention. While a strong yen is good news for the economy, it makes Japanese exports less competitive – but means imports are more affordable to Japanese consumers. Exports are a key to the economy‘s recovery.

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Japanese yen falls after Minister’s comments