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The yen (FXY) snoozes through an IMF warning over its devaluation, the agency saying the decline...

The yen (FXY) snoozes through an IMF warning over its devaluation, the agency saying the decline may have gone too far. The yen's current level, says the IMF's David Lipton, has left it "slightly below" where fundamentals say it should be. By itself, it's not much of an issue he adds, as long as accompanied by promised fiscal and structural reforms.
Comments (1)
  • Yorick
    , contributor
    Comments (493) | Send Message
     
    Nothing like looking for the cow after it's left the barn...last Tuesday.
    31 May 2013, 12:19 PM Reply Like
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