Japanese yen has two problems on the horizon in 2024

Confidence in the world's largest creditor is at risk of weakening

20231205 Japanese yen file photo

The yen may be weakened next year by Japan losing its status as the world's largest creditor and bleeding money overseas through small investments. © Reuters

YOICHI NAGAI, NQN senior staff writer

TOKYO -- In his speech at the Japan National Press Club in late November, former Vice Finance Minister Eisuke Sakakibara said, "A strong yen is in our national interest."

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