Cryptocurrency Q&A
Why is the yen so weak?
Why is the yen so weak?
Carolina
Tue Dec 03 2024
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7 answers
1154
I'm really curious about the current situation of the yen. It seems to be performing quite poorly in the foreign exchange market. Could someone explain the reasons behind the yen's weakness?
7 answers
Eleonora
Thu Dec 05 2024
The significant difference in interest rates between Japan and the US is a primary factor.
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SilenceSolitude
Thu Dec 05 2024
Japan's newly implemented policy rate stands as the lowest among developed nations.
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Lorenzo
Thu Dec 05 2024
Specifically, it falls within a narrow band of 0 percent to 0.1 percent.
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MysticInfinity
Thu Dec 05 2024
This extremely low-interest environment is unique to Japan.
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CryptoLordess
Wed Dec 04 2024
In contrast, the Federal Reserve in the US maintains a higher benchmark.
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