Why Is Japan’s Economy Struggling? Japanese Currency Yen Slid to a 40-Year Low | EXPLAINED
The yen has remained under pressure despite currency market interventions worth 11.7 trillion yen ($72.25 billion) and interest rate hikes by the Bank of Japan in recent months. But the bigger question is why is YEN, once amongst the safest haven in the world and a currency which was extremely reliable FALLING.
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