AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is the Weaker Yen Helping Japan's Economy?
Some big exporters are still benefiting from the weak agan because they are still exporting products. But most companies still have to import raw materials, and that cost is rising massively. If you're a large company selling goods over seas, like toote, then there might be some positives from that week, yen. But if you're a company that mostly sells things domestically, and your import costs have gone up, you're going to be seeing far fewer positives fromthat week. You can't dodge the rise in prices wherever you go.