The Japanese government will announce around 12 trillion yen ($136 billion) in fiscal stimulus measures to boost the nation’s shrinking economy, Bloomberg News reported Monday.
However, some Japanese executives “after months of demanding the government take action to weaken the yen, are now warning that such weakness could go too far if the currency loses value too fast and for the wrong reasons, or if it leaves the country exposed to soaring fuel costs that would undermine the economy,” The Wall Street Journal said in a separate report.
CurrencyShares Japanese Yen Trust
