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Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade /
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2024-05-22 04:04:10

Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade on Nostr: Japan's Trade Deficit Grows as Imports Balloon Due to Weak Yen =============== ...

Japan's Trade Deficit Grows as Imports Balloon Due to Weak Yen
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#56764ea7 ver:0.21

Japan's trade deficit grows 8% in April due to weak yen boosting imports, offsetting gains from increased exports. Imports and exports both up 8% from previous year. Weak yen increases import costs by 8.3%, resulting in deficit of ¥462.5 billion. Depreciation of yen benefits exporters but puts pressure on Japanese firms. Currency fluctuations impact global trade patterns. Weak yen may affect Indian buyers and trade with Japan. Understanding exchange rates crucial for policymakers and businesses. #Japan #trade #deficit #yen #exports #imports #currencyfluctuations...

#newstr #Japan #TradeDeficit #Yen #Imports #Exports

https://here.news/story/56764ea7?ver=0.21
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