Dollar’s Strength Prompts Question: What Will Japan Do With Its Bounty of Bucks?

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Dollar’s Strength Prompts Question: What Will Japan Do With Its Bounty of Bucks?
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The U.S. dollar’s rise to a 24-year high against the yen is great news for Japanese savers who put a chunk of their retirement nest eggs into dollar-denominated assets

As yen plunges against dollar, Government Pension Investment Fund scores currency gains on its dollar-denominated assets

The dollar is getting stronger. While that may sound like something to be happy about, a runup in the value of the dollar can ripple through the economy in unexpected ways. WSJ's Julia-Ambra Verlaine explains. Illustration: Jordan KranseTOKYO—. The biggest such saver is the Japanese government. Now it faces decisions about what to do with its windfall—including whether to sell some of its dollar stash.

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