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EISUKE SAKAKIBARA
BUSINESS
Aug 7, 2023
Japan¡¯s ¡®Mr. Yen¡¯ Sakakibara expects no intervention
The yen has fallen around 14% since the Fed began rapidly raising rates to combat soaring inflation in March 2022.
BUSINESS
May 20, 2022
Japan¡¯s ¡®Mr. Yen¡¯ says currency may weaken to ?150 level last seen in 1990
The former official said the contrast between a hawkish Federal Reserve and the Bank of Japan¡¯s loose monetary policy remains the single biggest driver of the yen¡¯s weakness.
BUSINESS
/
Markets
Mar 28, 2022
¡®Mr. Yen¡¯ urges Japan to take action if yen slips beyond ?130 against dollar
The views of Eisuke Sakakibara, who retains close contact with incumbent policymakers, are closely watched by markets due to his experience with currency intervention.
BUSINESS
/
Markets
Nov 10, 2016
¡®Mr. Yen¡¯ says Japan¡¯s currency could rise to 90 to the dollar by May on Trump win
The yen may strengthen to 90 per dollar within six months of Donald Trump¡¯s election, former Japanese top currency official Eisuke Sakakibara said.
BUSINESS
/
Markets
/
CURRENCY MARKET
Jun 20, 2016
Mr. Yen sees surge to ?100 that may increase odds of intervention
After correctly predicting the yen¡¯s relentless march beyond ?115, ?110 and ?105, former Finance Ministry official Eisuke Sakakibara now says the Japanese currency will gradually strengthen more than 4 percent toward ?100 per dollar by the end of the year.
BUSINESS
/
Markets
Apr 12, 2016
Mr. Yen says currency may strengthen below 100 by year-end
After correctly predicting its advance beyond ?115 and then ?110 per dollar, Eisuke Sakakibara now says the nation¡¯s currency may strengthen to ?100 by year-end.
BUSINESS
/
Markets
/
CURRENCY MARKET
Jan 19, 2016
Sakakibara says dollar at ?110 would not derail recovery
Former Vice Finance Minister Eisuke Sakakibara says that while doubts over the global economy are strengthening the yen the currency probably will not gain enough to hurt Japan¡¯s exporters.
BUSINESS
/
Markets
Sep 18, 2015
Former vice finance minister Sakakibara sees end to era of weaker yen
The era of a weaker yen is coming to an end and Japan¡¯s currency may strengthen toward 115 per dollar, according to Eisuke Sakakibara, a former vice finance minister.
BUSINESS
/
Markets
Jun 3, 2015
Mr. Yen sees currency slide halting as Tokyo¡¯s patience wears thin
Eisuke Sakakibara, a former vice finance minister, says the Bank of Japan¡¯s acceptance of the yen¡¯s drop ¡ª and the Federal Reserve¡¯s tolerance for dollar¡¯s strength ¡ª won¡¯t last.
BUSINESS
/
Markets
Nov 26, 2014
¡®Mr. Yen¡¯ sees drop in exchange rate he forecast coming to an end
The 14 percent plunge in the yen since mid-year has about run its course, according to the former Finance Ministry official known as ¡°Mr. Yen.¡±
BUSINESS
/
Markets
Sep 17, 2014
Sakakibara sees yen at 110 per dollar, hurting Japanese growth
The yen will fall to 110 per dollar as early as this year, hurting Japan¡¯s economy as wages lag behind inflation driven by higher import costs, former Finance Ministry official Eisuke Sakakibara said.
BUSINESS
Apr 22, 2014
Failure to up sales tax risks crash of JGBs: Sakakibara
The government should prioritize expanding its recent sales tax increase or risk an eventual collapse of sovereign bonds, former Finance Ministry official Eisuke Sakakibara said.
BUSINESS
/
Economy
Sep 4, 2013
Japan can handle levy hike: ¡®Mr. Yen¡¯
The nascent economic recovery is strong enough to weather an increase in the consumption tax to repair the government¡¯s finances, according to former senior Finance Ministry official Eisuke Sakakibara.
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