Japan is OK With a Wilting Currency, For Now
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The Japanese Meteorological Agency officially declared this week the start of cherry blossom season after full bloom reached Tokyo. But, amid the waves of flowering pink-and-white sakura trees, the country's currency is doing its best imitation of a wilting office plant.
On Monday, the Japanese yen fell to a seven-year low against the US dollar. The Bank of Japan is just fine with that.
Source Fool.com