Japanese Business Leaders Push for Government Action Amid Currency Crisis: Urging a Stronger Yen to Protect Domestic Economy
Japanese business federations, including Keidanren and the Japan Chamber of Commerce, are urging the government for coordinated action on the weakening yen. They warn that continued depreciation raises import costs, squeezes smaller firms, and threatens economic stability. A comprehensive fiscal-monetary strategy is needed rather than temporary FX interventions. Details via Reuters.
