Professor Takatoshi Ito was recently featured on a Bloomberg article titled, "Kuroda's Former Deputy Ito Says Japan Can Endure Stronger Yen". He commented that trading the Japanese yen at 120-125 per dollar would be a "comfortable range" for Japan and would not be problematic unless the yen becomes 110 per dollar. To view the article, please see the link below:
Mentioned Faculty
Takatoshi Ito
Takatoshi Ito is one of Japan premier economists. A professor at the prestigious University of Tokyo, he is the author or co-author of several books on the Japanese and global economy. He served in the Japanese government as Deputy Vice Minister for International Finance in the Ministry of Finance and was a member of Japan’s Council on Economic and Fiscal Policy. He has been a senior advisor in the research department of the International Monetary Fund and has taught at Harvard University and the University of Minnesota.