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Yen

World news about “Yen” published by euronews.

11/05 14:10 CET

Toyota forecasts profit slump from strong yen

Toyota forecasts profit slump from strong yen

The strong value of Japan’s currency, the yen, is hitting Toyota’s profits. As a result it is forecasting a bigger-than-expected 35 percent slump in net profit for the current year. Toyota – which is Japan’s largest company – gets nearly…