purchasing manager index

Japanese Finance Minister Fujii Resigns

January 6, 2010

The yen weakened following news that FM Fujii resigned because of his ill health.  Fujii had favored a strong exchange rate.  Deputy Prime Minister Kan will assume the duties of finance minister. Aside from a 0.8% increase against the yen, the dollar is up 0.3% against the kiwi and 0.1% relative to the euro, unchanged […] More