A post by @FirstSquawk on X.
Nissan Now Expects the Dollar to Average 157 Yen This Fiscal Year, Compared With Its Previous Assumption of 150 Yen.
@FirstSquawk on X
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The revision implies a weaker yen outlook than the automaker previously modeled. The change matters because a softer yen raises the cost of imported components while lifting the translated value of overseas earnings. Watch whether other Japanese exporters follow with similar FX assumption updates.
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Nissan, USD/JPY (USDJPY)
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