Pantheon Macroeconomics - Japan is the only major advanced economy to have recently experienced an exchange rate depreciation as large as Britain's. Between July 2012 and May 2013, the yen f ell by 24%, matching sterling's depreciation since its peak in August 2015.

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12 December 2016 Japan's Depreciation Didn't Boost Growth, Why Would Britain's?

By Samuel Tombs

Japan is the only major advanced economy to have recently experienced an exchange rate depreciation as large as Britain's. Between July 2012 and May 2013, the yen f ell by 24%, matching sterling's depreciation since its peak in August 2015.

Posted: 11th Dec 2016 in 'UK Documents'

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