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    Company News » Call to devalue yen

    Call to devalue yen

    Devaluation of the yen by more than 10% could be a solution to Japan's economic problems, says Credit Suisse First Boston.

    Author Date published January 8, 2002 Categories

    However, a 25% devaluation of the yen against the dollar, one course suggested by CSFB, could lead to deflation in the US and Europe, deeming it unlikely the world’s policymakers would allow it.

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