IMF: Yen’s move driven by fundamentals

<p>Sanjaya Panth, deputy director of the IMF’s Asia and Pacific Department, said Yen’s depreciation is “driven by fundamentals. “Economic policymaking should continue to look at fundamentals. We don’t see any reason to change economic policy because what’s happening right now reflects fundamentals.” “As you know, a weak yen hasn’t been bad for Japan,” Panth said. […]</p>
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