Weak Japanese Yen Is Welcome Era For Country’s Exporters

Earlier today the Japanese Yen hit a 27 month low against the US dollar. The currency is falling on speculation that Japan’s new government, led by Shinzo Abe, will seek to weaken the currency in order to spur inflation in the country, and remove the economic haze that has settled on Japan for almost two decades. If the plan to reduce the value of the currency goes ahead, one of the biggest winners will be the Japanese export sector. Well known international brands like Toyoto Motor Corporation (NYSE:TM), Sony Corporation (NYSE:SNE) (TYO:6758), and Canon Inc. (NYSE:CAJ)  have made the entire…