Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: The Japanese Yen Hits a Decade's Low Against the US Dollar =============== #39bf1ea9 ...
The Japanese Yen Hits a Decade's Low Against the US Dollar
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#39bf1ea9 ver:1.23
The Japanese yen has hit a decade's low against the US dollar, trading at 160 yen to US$1. A weak yen benefits US tourists and boosts exports, but carries the risk of inflation. The Bank of Japan's low interest rates and recession contribute to the currency's decline. Authorities may have intervened to support the yen. #JapaneseYen #USdollar #currency #economy...
#newstr #JapaneseYen #Currency #Inflation #Exports #Imports #Tourism #BankOfJapan #InterestRates #Recession #Intervention
https://here.news/story/39bf1ea9?ver=1.23
===============
#39bf1ea9 ver:1.23
The Japanese yen has hit a decade's low against the US dollar, trading at 160 yen to US$1. A weak yen benefits US tourists and boosts exports, but carries the risk of inflation. The Bank of Japan's low interest rates and recession contribute to the currency's decline. Authorities may have intervened to support the yen. #JapaneseYen #USdollar #currency #economy...
#newstr #JapaneseYen #Currency #Inflation #Exports #Imports #Tourism #BankOfJapan #InterestRates #Recession #Intervention
https://here.news/story/39bf1ea9?ver=1.23