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. 

Posted in: Business, CEO, Dollar, Japan, Nissan, Yen