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The Business Station
Japan Outlook - Weak Yen, Low Interest Rates
10 mins·07:30, 26 Sept 2023
Japan Outlook - Weak Yen, Low Interest Rates
10 mins
·
07:30, 26 Sept 2023
·
Recommended
Guest: Yuichi Murao, Chief Investment Officer for Equity Strategies, Nomura Asset Management
The Bank of Japan's indication that it will maintain its ultra low interest rate stance had triggered a sell off in the yen, which is now at its all-time weakest against the US dollar. Yuichi Murao, Chief Investment Officer for equity strategies at Nomura Asset Management breaks down what this might mean for Japanese equities in the long run, with Warren Buffett also positive on stocks from the Land of the Rising Sun.
Image credit: Shutterstock.com
Presenter: Shazana Mokhtar, Wong Shou Ning, Keith Kam
Producer: Moh Heng Ying
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