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Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade /
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2024-06-27 19:03:24

Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade on Nostr: Japanese Authorities Ready to Take Action on Yen Decline =============== #56764ea7 ...

Japanese Authorities Ready to Take Action on Yen Decline
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#56764ea7 ver:0.53

Japanese authorities are ready to intervene in the foreign exchange market as the yen weakens to a 37-year low against the US dollar. The yen's decline is driven by the interest rate differential between Japan and the US. Verbal intervention or direct intervention may not reverse the trend, but Japan's Ministry of Finance is under pressure to take action. The weak yen is impacting Japanese households, and the Bank of Japan may need to adjust its monetary policy to support the yen. #yen #forex #intervention...

#newstr #JapaneseAuthorities #YenDecline #ExchangerateMarket #FinanceMinisterShunichiSuzuki #InterestRateDivergence #UsFederalReserve

https://here.news/story/56764ea7?ver=0.53
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