BUSINESS

Japan is back for the last gamble

Business, Tientip Subhanij, Published on 28/06/2013

» It is hard not to talk about Japan these days, considering how much cheaper the yen has become. Since the start of the year, the yen has dropped about 12% against the US dollar after reaching as low as 103 yen to the dollar last month. Despite gaining some strength in recent weeks, over the past year the yen has already lost more than a fifth of its value against the dollar, currently trading at about 97.