Yen weakens to four-year low

Bank of Japan measures to fight deflation may debase currency further

A businessman looks at a screen displaying a photo of US dollar bank notes in Tokyo today. The yen has hit fresh lows against a host of major currencies, resuming its slide after the Bank of Japan lost no time in launching its new easing policy to underline its determination to beat deflation. Photograph:  Toru Hanai/Reuters

A businessman looks at a screen displaying a photo of US dollar bank notes in Tokyo today. The yen has hit fresh lows against a host of major currencies, resuming its slide after the Bank of Japan lost no time in launching its new easing policy to underline its determination to beat deflation. Photograph: Toru Hanai/Reuters

Mon, Apr 8, 2013, 09:10