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Yen stabilises as report forecasts big depreciation of renminbi

Currency market turmoil expected to figure in communique issued by the G-20 leaders

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SET FOR THE POW-WOW: Japan's Finance Minister Taro Aso arriving for a G-20 meeting during the annual spring meetings of the International Monetary Fund and the World Bank in Washington on Friday.

Tokyo

SIGNS that the yen's ascent may have topped out strengthened on Friday, when the currency retreated against the dollar.

Having hit a 14-month high against the dollar of 107.63 early this week, triggering a barrage of warnings about official intervention by the Japanese

sentifi.com

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