Bloomberg News

Yen May Rise to Record 88.90 Against Euro This Year, Iwata Says

January 12, 2012

Jan. 12 (Bloomberg) -- A former Bank of Japan deputy governor said the yen may rise to 88.90 against the euro this year, topping the record high of 88.97 set on Oct. 31, 2000.

Speaking at a forum in Tokyo today, Kazumasa Iwata also said the Japanese currency could weaken to 80 against the dollar.

--Editors: Lily Nonomiya, Sunil Jagtiani

To contact the reporters on this story: Andy Sharp in Tokyo at asharp5@bloomberg.net; Mayumi Otsuma in Tokyo at motsuma@bloomberg.net

To contact the editor responsible for this story: Stephanie Phang at sphang@bloomberg.net


Toyota's Hydrogen Man
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus