Japan’s currency was one of the first challengers to the U.S. dollar—why 90s predictions of a ‘yen bloc’ fell apart
Journalists in the 1980s and 1990s worried about the death of dollar dominance. Paul Blustein explains why the yen failed to ...
Investors' faith in King Dollar may be wavering
He wrote that the euro and yen are the "obvious candidates" to become reserve currencies. To be sure, analysts still largely ...
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Thicker wallets? 10,000-yen notes see sharp rise in circulation
In a time of crisis, cash is king in Japan as seen by the sharp ... The value of the notes is 110 trillion yen, 1.5 times more than 10 years ago. Hideo Kumano, a chief economist at Dai-ichi ...