Yen ' weighs on emerging economies'

The yen will likely continue to depreciate against the dollar as the Bank of Japan will step up quantitative easing to spur growth, and this trend could weigh on currency values in emerging economies, analysts said on Wednesday.

The yen may weaken to 150 per US dollar in the next two years as Japan is expected to continue its aggressive stimulus in the form of bond-buying by its central bank.

The yen has lost about 55 percent of its value against the dollar since 2012 when Japanese PM Shinzo Abe took office with the promise of reviving the economy through quantitative easing.