Japan Outlook - Weak Yen, Low Interest Rates
Yuichi Murao, Chief Investment Officer for Equity Strategies, Nomura Asset Management
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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
Produced by: Moh Heng Ying
Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam
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