2 May 2017
Japanese companies divided on exchange rates for fiscal 2017 - Nikkei Asian Review
As per the report published in the Nikkei Asian Review, Japanese companies are unusually divided on their currency assumptions for this fiscal year.
According to a tabulation of forecasts from 110 companies, 37 see the yen averaging 105 to the dollar for the current fiscal year, while 39 anticipate 110 yen.
Geopolitical risks and uncertainty over the US policy, and the North Korea situation, caused some companies to offer cautious predictions.
The figure for last fiscal year 2016 saw greater consensus, with nearly 60% of major companies pegging the yen at around 108 to the dollar, closer to the prevailing rate.