IMF: Yen’s move driven by fundamentals

<p>Sanjaya Panth, deputy director of the IMF&#8217;s Asia and Pacific Department, said Yen&#8217;s depreciation is &#8220;driven by fundamentals. &#8220;Economic policymaking should continue to look at fundamentals. We don&#8217;t see any reason to change economic policy because what&#8217;s happening right now reflects fundamentals.&#8221; &#8220;As you know, a weak yen hasn&#8217;t been bad for Japan,&#8221; Panth said. [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/440169-imf-yens-move-driven-by-fundamentals/">IMF: Yen&#8217;s move driven by fundamentals</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>