Value of residing: Japan’s financial system unexpectedly shrinks after yen slide

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Value of residing: Japan’s financial system unexpectedly shrinks after yen slide

“For exporters, a weaker yen is definitely constructive as a result of it lowers prices. For those that produce in overseas markets and serve domestically, the revenue transformed to yen will increase due to the cheaper yen. Thus, the automotive and electronics sectors profit from the weaker yen,” he stated.

With inputs from BBC

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