Navigating the Currency Crisis: Japan’s Yen on the Decline
Over the past month, the Japanese yen has steadily lost ground against the US dollar, with a 2.9% decline in value sparking concerns among investors and policymakers alike. At its current exchange rate of 0.0064 USD per JPY, the yen’s diminishing purchasing power has raised questions about Japan’s ability to navigate turbulent economic waters.·
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