Japan: JAMA and CJAWU call for decisive action on yen

On 15 July, Toshiyuki Shiga, chairman of the Japan Automobile Manufacturers Association, and Koichiro Nishihara, president of the Confederation of Japan Automobile Workers’ Unions, called jointly for decisive action to weaken the yen’s exchange rate against the US dollar and the euro. Recent forex movements have resulted in the Japanese yen Subscribe to Automotive World … Continued

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• July 19, 2011