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View Full Version : US Rating Downgrade Exacerbates Currency Misery for Elpida, Fuji Heavy - Bloomberg



NewsWhore
08-09-2011, 03:11 AM
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US Rating Downgrade Exacerbates Currency Misery for Elpida, Fuji Heavy (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGLK-XXy4KBjFCsay44XemxVU_4Gg&url=http://www.bloomberg.com/news/2011-08-08/u-s-downgrade-exacerbates-yen-misery-for-elpida-fuji-heavy.html)
Bloomberg
The gains returned the yen close to levels that last week prompted the government to sell Japan&#39;s currency for the first time since March. “We&#39;re in trouble,” said Yasuo Shirai, chief financial officer at Elpida Memory Inc. (6665), ...

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