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Japan's transformation, weak Yen fuels foreign investments
02:52
Asia Pacific
Japan's transformation, weak Yen fuels foreign investments
Japan has maintained an ultra-loose monetary policy keeping interest rates at 0.1% as it looks to boost economic growth. This has caused the Yen to fall past the 150 yen to dollar level for the first time in nearly a year. This has led to analysts expecting the Bank of Japan to intervene and raise rates. But as the Yen depreciates in value it is bringing with it both an increase in domestic production and foreign investment into the country. Mikail Malik reports.
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