Posts Tagged ‘relatively’

Japan’s Noda: yen still relatively overvalued

TOKYO (Reuters) – The yen is still relatively overvalued despite its recent steep fall from historic peaks versus the U.S. dollar, Japanese Prime Minister Yoshihiko Noda said on Monday. “The yen is valued highly in relative terms when considering fundamentals,” Noda said in parliament. Finance Minister Jun Azumi added in parliament that he could not [...]