Apr 03 2017

Indifferent Yen Brightens Japanese Manufacturer’s Outlook

Japan’s Industry is growing confidently after a weak yen and a strong global economy offers new hopes of escaping deflation.

Japan’s Bank Takan Index for Manufacturers rose to 18 months high. It is a closely watched measure of business conditions.

According to reports, business confidence has improved in Japan since the election of Donald Trump as US president. Yen fell from close to 100 Yens against the dollar to 100-115 Yens.