Suga draws line in the sand: Defend '100 yen' dollar barrier

Japanese leader braces for another Democrat entering the White House

20201219NY Suga flag

Japanese Prime Minister Yoshihide Suga looks on during a news conference in Tokyo on Dec. 4. © Reuters

YUKIHIRO SAKAGUCHI, Nikkei staff writer

TOKYO -- A shock wave ran through Japan's Finance Ministry in early November after news broke of Joe Biden's presumed victory in the U.S. presidential election -- not because of the outcome of the race, but because of an order from the prime minister's office.

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