Foreign exchange doesn’t determine long-term planning, Nissan COO says

Foreign exchange doesn't determine long-term planning, Nissan COO says

TOKYO : Japanese automaker Nissan Motor Co Ltd doesn’t make its mid- or long-term decisions based on fluctuations in the foreign exchange market, its chief operating officer said on Thursday.

Ashwani Gupta made the comment in a Reuters Newsmaker interview. Weakness in the yen – the currency has been hammered against the dollar this year – has raised concern among Japan Inc and policymakers.

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