IMF Analysis: Recent Yen Depreciation Reflects Strong Fundamentals
IMF Japan Mission Chief Ranil Salgado Discusses Yen Movements Analysis of Yen Movements In a recent statement, IMF Japan mission chief Ranil Salgado commented on the recent movements of the Japanese Yen, stating that they “reflect fundamentals”. According to Salgado, there are both positive and negative effects in the yen’s depreciation. Positive Effects One of…