Japan, the world’s third-largest economy, is currently facing a wave of economic challenges that threaten its manufacturing sector, economic growth, and stock market. The Yen has been on a historic slide, reaching a 38-year low against the US dollar, making imports more expensive and eroding the purchasing power of Japanese consumers. Despite the Japanese government’s efforts to shore up the currency through dollar interventions, these measures have proven ineffective, and the US has added Tokyo to its currency watchlist. The sliding Yen is a result of several factors, including Japan’s ultra-low interest rates and the widening interest rate differential between…
Economy / FinanceAsia
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