Saturday, December 3, 2011

Japan Should Adopt Currency Benchmark says Nissan CEO

[ The Wall Street Journal

Chief Executive Nissan Motor Co. Carlos Ghosn called Wednesday for the Japanese government to "draw a line in the sand" and prevent the yen from appreciating further against the dollar and other currencies.

Mr Ghosn told a round table of reporters:
"People say there is no solution (to the yen's strength)...that is wrong. Look at what the Swiss have done."
Read full post for more what Ghosn said. 

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