Brexit or Remain, Sakakibara Sees Yen Rise to 100 as Inevitable

Updated on
  • ‘The weak yen trend is over,’ says ex-Japan MOF official
  • ‘There will be no intervention before 100,’ says Mr. Yen

How Will Currency Markets, BOJ React to a Brexit?

The yen will strengthen past 100 per dollar this year, whichever way the U.K. votes in Thursday’s referendum, according to Eisuke Sakakibara. The only difference is how fast it gets there.

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