Goldman Sachs: GPIF Shift to Domestic Japanese Bonds May Trigger Structural Yen Appreciation, Roiling Asian Currencies
According to Goldman Sachs report covered by BlockBeats on September 10, the Japanese yen has appreciated over 4% since early September, driven by the Bank of Japan's hawkish policy shift and market expectations of asset reallocation by the Government Pension Investment Fund (GPIF). If GPIF
GS-1.25%
GateNews·09-10 04:22
