TOKYO -- The Japanese yen is set to weaken further, according to market experts, as new ruling party leader Sanae Takaichi's support for expansionary spending and loose monetary policy pushes investors to sell the currency.
Currencies
Yen dips to 153; analysts expect further fall as Takaichi's time nears
Weak yen boosts stocks to record high but fiscal worries weigh on currency
Despite some positive economic data, investors have backpedaled on their expectations that the Bank of Japan will raise interest rates soon. (Photo by Akira Kodaka)
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