I've been hearing some news about the Japanese currency recently and I'm wondering if it's actually dropping in value. I'm considering some financial decisions and it would really help to know if the yen is weakening or not.
5 answers
CryptoLordGuard
Fri Dec 06 2024
The Japanese yen has experienced a significant decline compared to other G10 currencies.
charlotte_clark_doctor
Fri Dec 06 2024
This depreciation of the yen appears to be relatively harmless to a substantial extent.
Starlight
Thu Dec 05 2024
The Bank of Japan chose not to participate in the global central bank hiking cycle that followed the COVID-19 pandemic.
Valeria
Thu Dec 05 2024
As a result, the weakness of the yen can be attributed to the divergence in monetary policies.