TOKYO -- The selection of Shigeru Ishiba as Japan's next prime minister has caused the yen to gyrate over the past several days, but signs point to the currency weakening further if international investors decide to unload stockpiles of yen onto the market.
The yen was at the 146-per-dollar range right before the ruling Liberal Democratic Party elected Ishiba as new party president on Friday. The currency hardened over the weekend to 141 yen territory on Monday.
