Marubeni CFO:
Expect limited
impact on financing costs from BOJ’s rate hikeThe yen’s
depreciation turning to appreciation due to monetary policies in
Japan and US was as we had expectedWeaker yen against
US Dollar and Australian dollar in April-June period contributed
about 9 bln yen to profit
USD/JPY update, another volatile day:
Marubeni Corporation is involved in
importing and exporting (including third country trading)domestic business across a diverse range including lifestyle, IT solutions, food, agri business, forest products, chemicals, metals & mineral resources, energy, power, infrastructure project, aerospace & ship, finance, leasing & real estate business, construction, industrial machinery & mobilityservicesinvestment
This article was written by Eamonn Sheridan at www.forexlive.com.
