Nobuyuki Nakahara, a dissident member of the Bank of Japan’s policymaking board, said Tuesday that the central bank should begin purchasing foreign bonds in an attempt to devalue the yen.

A devalued yen would help exporters sell their products abroad by making them less expensive and protect the domestic market from imports, which would grow more expensive.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.