Japan Biz Leaders Concerned about Yen's Slide to 34-Yr Low
Tokyo, April 25 (Jiji Press)--With the dollar hitting a 34-year high of 155.74 yen in Tokyo on Thursday, Japanese business leaders voiced concerns over the negative impact from the yen's fall on the Japanese economy.
Companies that rely on imports for raw materials are concerned about higher costs, while exporters and other companies that benefit from a weak yen also expressed their worries over possible deterioration in consumer sentiment due to rising prices.
(2024/04/25-21:52)
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