Frightened of a weak yen? List in Hong Kong
That’s precisely what econtext Asia CFO Tomohiro Yamaguchi did in order to execute a funding strategy outside of a volatile and weakening yen.
For a lot of Asian companies with export-based businesses, a depreciating currency is a godsend. A cheaper local currency can bring down costs relative to competitors in other countries and allow a company to offer a lower price for the same goods.
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