TOKYO -- Japanese retail investors are snapping up foreign assets through the revamped Nippon Individual Savings Accounts, stoking speculation that the tax-exempt investing program could contribute to further weakness in the yen.
Markets
Japan's NISA investments seen adding downward pressure on yen
Program could spur estimated $26bn in yearly yen-selling on foreign-asset demand
Japan's revamped Nippon Individual Savings Account program is fueling retail demand for foreign assets. (Photo by Ryutaro Yokoyama)
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Markets
