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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Japanese businesses turn to currency hedging as weak Yen drives up import costs

Japanese businesses are increasingly turning to longer-term supplier agreements and currency hedging as the yen's prolonged weakness raises the cost of imported goods and makes it harder to predict expenses.

The weakening yen has made imports increasingly expensive, prompting the companies to seek longer-term contracts that lock in prices and exchange rates for up to a year.

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