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Japan interest rate is the lowest in the world with only 0.25% (line 50). The advantage of having low rate of interest is that it will encourage investment. But, the setback is lesser people prefer to save their money in Japan. Japanese government should intervene to stabilize their exchange rate to make it appreciate towards other currencies by increasing the rate of domestic interest rate...
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Japanese government should intervene to stabilize their exchange rate to make it appreciate towards other currencies by increasing the rate of domestic interest rate. If the rate of domestic interest rate is high, it will encourage the Japanese to save their money in Japan. However, Japanese government should be able to ensure both local and foreign investor about the future investment in Japan...
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