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Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade /
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2024-06-26 16:07:32

Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade on Nostr: Japanese yen hits lowest level since 1986, prompting concerns of intervention ...

Japanese yen hits lowest level since 1986, prompting concerns of intervention
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#56764ea7 ver:0.42

The Japanese yen hits its lowest level since 1986, raising concerns of intervention by the central bank. The currency's decline is attributed to sluggish exports, rising imports, and a growing trade deficit. Japan's hawkish stance on interest rates and potential currency crisis add to the worries. The yen has experienced a currency plunge of over 13% in 2024 and is one of the worst-performing currencies of the year. #JapaneseYen #CurrencyCrisis #TradeDeficit...

#newstr #JapaneseYen #Currency #CentralBank #TradeDeficit #InterestRates

https://here.news/story/56764ea7?ver=0.42
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