Japan will help small exporters face the rising yen.
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.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
