Strong yen opens Japan’s door for Irish exporters

A letter earlier this month from Mari Miyoshi, Japan’s Ambassador to Ireland, outlined for me the challenges that a strong currency can pose for exporters.

The three arrows policy of the premier Shinzo Abe, now tagged by pundits as ‘Abenomics’, was central to her letter: Bold monetary easing, flexible fiscal policy and a growth strategy to promote private investment.

But there are increasing signs that the policies are not having the desired effects.