Financial Times (March 11)
2013/ 03/ 12 by jd in Global News
“Welcome back, Mrs Watanabe. The mythical keeper of Japan’s household savings has spent a long time in retreat, selling a net Y3.6tn of foreign securities over the past 18 months amid a strong yen and weak overseas prospects. But as the effects of “Abenomics” start to trickle down to consumers and private investors in the world’s third-largest economy – and as global recovery hopes brighten – this canny player of global currencies and interest rates has begun to stir once more.”
Tags: Abenomics, Currencies, Interest rates, Investors, Japan, Mrs. Watanabe, Securities
