The euro may lose 20 percent or more against the dollar and fall below 100 yen as concern over Europe’s debt crisis mounts, according to Eisuke Sakakibara, the former Ministry of Finance official known as “Mr. Yen.”
Japan’s yen may strengthen to as high as 75 per dollar, a former top Finance Ministry official said as policymakers voiced increased concern about the threat the strengthening currency poses to the nation’s economy.
Teiko Kudo has come a long way from her days at a Sumitomo Bank branch in the 1980s, when clients often asked her to hand the phone to a male loan officer because she was a woman. Last month she became the lender’s first female top manager, promoted to a level shared by 88 men.