Japan ruling DPJ party election platform: Pledges measures to combat yen strength

  • Will aim to end deflation by fiscal year 2014
  • Will make maximum efforts with BOJ to end deflation
  • Pledges decisive measures against excessive yen moves
  • Pledges to do all it can to eliminate atomic power by 2030s
  • Vows to defend national interests with ‘cool-headed, practical’ diplomacy

One Comment

  1. I don’t know why boj officials always don’t want yen to be weakened.

    This year loss for leading electronic companies is larger than the total of last 18 months. Automobile companies are operating hard.

    All weak economies now and throughout history wanna have a weak currency to promote export

    Maybe strong yen is the reputation and big honor of boj and Japan.

    It is a joke if the boj officials join the Olympian games. They will win a lot of gold medals because they have make many times of record high for usd / jpy.

    Hey, wake up. Concentrate on your research and development, product design and education. Don’t just think win from fx market is smart and genius. You have to pay for the price, i.e. the loss of market share of the product of your companies.

    Even Korean export are so strong, they want a weaker currency. Haha, maybe all economic textbooks are wrong.

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