摘要
Since early January this year,the Japanese yen has beendepreciating steadily, from 128 and 129 to 130 yen perdollar,which is the lowest in the last 38 months. It seemsJapan is finally playing its exchange rate card after fail-ing to revive its econmy through interest rate cuts andexpanding govemment expenditure. Do you think this"exchange rate card" can be the savior for Japan’seconomy? Is the yen depreciation the best choice to pre-vent its economy from falling further?
