Morgan Stanley Japan Head Says BOJ Hike Key to Strengthening Yen

Morgan Stanley’s Japan chief said he is hoping that the yen strengthens to around 140 against the dollar, and that Bank of Japan action is key for that to happen.

By Takashi Nakamichi, Shery Ahn · Bloomberg Markets

Morgan Stanley’s Japan chief said he is hoping that the yen strengthens to around 140 against the dollar, and that Bank of Japan action is key for that to happen.