Showing posts with label Japan Bank for International Co-operation (JBIC). Show all posts
Showing posts with label Japan Bank for International Co-operation (JBIC). Show all posts

Wednesday, August 24, 2011

Japan opens $100bn fund to help firms beat yen strength

The Japanese government has announced a new $100bn (£61bn) fund to help companies combat the strength of the yen.

The Ministry of Finance said the fund will help firms expand their overseas operations and secure energy resources.

The move comes as the yen hovers near record levels against the US dollar.