ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Kishida should not be distracted from reform by the weak yen

Global tremors mean Japan cannot rely now on currency competitiveness

| Japan
Fumio Kishida speaks at the NYSE on Sept. 22: The Japanese prime minister is getting on the weak-yen train.   © AP

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Currency schizophrenia pervades Tokyo as officials pivot from fearing a yen collapse to touting the benefits thereof.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more