scorecardresearchYen at 150 May Risk Rerun of Asia Financial Crisis, O’Neill Says

Yen at 150 May Risk Rerun of Asia Financial Crisis, O’Neill Says

Updated: 09 Jun 2022, 02:04 PM IST
TL;DR.
The yen’s current slide may spark turmoil on the scale of the 1997 Asian Financial Crisis if it declines as far as 150 per dollar, according to veteran economist Jim O’Neill.
Light is cast on a Japanese 10,000 yen note as it's reflected in a plastic board in Tokyo, in this February 28, 2013 picture illustration. REUTERS/Shohei Miyano/Illustration/File Photo

Light is cast on a Japanese 10,000 yen note as it's reflected in a plastic board in Tokyo, in this February 28, 2013 picture illustration. REUTERS/Shohei Miyano/Illustration/File Photo