/r/Economics
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Japan’s new foreign exchange chief says weak yen has done more harm than good for economy — flags impact of rising energy, food prices on consumers and importers among the drawbacks of feeble yen
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Global market rout has more to do with end of cheap funding — “A number of macro funds have been caught the wrong way around on a trade, and stops have been triggered, initially starting with FX and the Japanese yen”: BlueBay
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