Cryptocurrency Q&A
Why is Japanese yen so weak?
Why is Japanese yen so weak?
MysterylitRapture
Fri Oct 25 2024
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7 answers
1402
I've been noticing that the Japanese yen has been really weak in the foreign exchange market recently. I'm wondering what factors are causing this depreciation and if there are any specific reasons behind this trend.
7 answers
AltcoinAdventurer
Sun Oct 27 2024
The significant difference in interest rates between Japan and the US is a primary factor.
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KatanaSharpened
Sun Oct 27 2024
Japan's newly implemented policy rate stands as the lowest among developed nations.
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EmeraldPulse
Sun Oct 27 2024
It falls within a narrow range, spanning from 0 percent to 0.1 percent.
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Rosalia
Sun Oct 27 2024
This extremely low rate contrasts sharply with the situation in the US.
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Alessandro
Sat Oct 26 2024
The Federal Reserve has maintained a higher benchmark federal funds rate.
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