RBC’s Lignos Says Japan `Lacks Tools’ to Weaken Yen (Audio)




Bloomberg - The First Word show

Summary: Feb. 26 (Bloomberg) -- Elsa Lignos, a currency strategist at Royal Bank of Canada in London, says dollar yen will strengthen back to 80 in the next 12 months because the Bank of Japan "doesn't have enough tools" to weaken the currency. Lignos talks with Bloomberg's Michael McKee on Bloomberg Radio's "Bloomberg - The First Word." (Source: Bloomberg)