Weak yen set to pull other currencies down

Korea, Taiwan and Singapore are countries most likely to suffer the effect of a weakening Yen.

A weak yen will place further downward pressure on export prices forĀ Asia because Japan competes with the region in some sectors, and is also a large buyer of Asian products. In particular, Korean export prices, then Taiwan and Singaporean export prices are most vulnerable to a weak yen. As a result, Goldman Sachs, in an Asia Pacific economics analyst report, has revised its outlook for the Korean won and Singapore dollar.

With a GDP of about one-and-a-half...

To continue reading, please login or register for free

Click for more on: weak | yen | set | pull | currencies

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...