Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: Japan's Currency Falls to Weakest Level Since 1990 Against the Dollar Amidst ...
Japan's Currency Falls to Weakest Level Since 1990 Against the Dollar Amidst Financial Turmoil
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#9654910e ver:0.3
The Japanese yen has fallen to its weakest level since 1990 against the dollar, reaching 160 yen to equal $1. The yen's decline is attributed to low interest rates and lack of commitment to rate hikes by the Bank of Japan, as well as the strength of the US economy. While a weak yen benefits US tourists and Japanese exporters, it carries the risk of causing inflation in Japan. #Japan #currency #economy #yen #dollar...
#newstr #JapaneseYen #FinancialMarketTurmoil #CurrencyExchange #BankOfJapan #Inflation #UsDollar
https://here.news/story/9654910e?ver=0.3
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#9654910e ver:0.3
The Japanese yen has fallen to its weakest level since 1990 against the dollar, reaching 160 yen to equal $1. The yen's decline is attributed to low interest rates and lack of commitment to rate hikes by the Bank of Japan, as well as the strength of the US economy. While a weak yen benefits US tourists and Japanese exporters, it carries the risk of causing inflation in Japan. #Japan #currency #economy #yen #dollar...
#newstr #JapaneseYen #FinancialMarketTurmoil #CurrencyExchange #BankOfJapan #Inflation #UsDollar
https://here.news/story/9654910e?ver=0.3