Cryptocurrency Q&A
Who benefits from weak yen?
Who benefits from weak yen?
CryptoPioneer
Thu Dec 05 2024
|
7 answers
922
I'm wondering about the impact of a weak yen. Specifically, I want to know who benefits from this economic situation. Are there certain industries or groups of people that tend to gain advantages when the yen is weak?
7 answers
CryptoVisionary
Sat Dec 07 2024
This is because the surge in exports resulting from a weaker currency outweighs the hike in import costs.
Was this helpful?
45
40
CryptoWizardry
Sat Dec 07 2024
The official made this statement on Friday, October 25, as reported by Reuters.
Was this helpful?
101
26
GeishaCharm
Sat Dec 07 2024
The International Monetary Fund (IMF) has offered its perspective on the impact of a weak yen on Japan's economy.
Was this helpful?
166
38
CryptoTamer
Sat Dec 07 2024
The IMF's observation is significant as it highlights the economic benefits of currency depreciation for a trade-dependent country like Japan.
Was this helpful?
44
31
Caterina
Sat Dec 07 2024
According to a senior IMF official, a weak yen is advantageous for Japan.
Was this helpful?
237
35
Load 5 more related questions
