Advertisement

Japan will help small exporters face the rising yen.

Share via

Special loans will be offered to help small, export-oriented businesses cope with the sharp rise of the yen, which has meant smaller revenue from each dollar earned abroad. Under the 100-billion yen package, worth $497 million at current exchange rates, small businesses may borrow at an annual interest rate of 6.8%--0.2 percentage point less than the market rate, the Finance Ministry said.

Advertisement