🌸Japanese Customer : The Japanese currency lost nearly 15 yen against the dollar since early March

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April 26, 2022

The Japanese currency lost nearly 15 yen against the dollar since early March





old japanese coin #japanesecustomer





"The Japanese currency has lost nearly 15 yen against the dollar since early March, briefly sinking to the mid-129 yen zone last Wednesday. A weaker yen typically serves as a boon to Japanese exporters, as profits earned overseas increase when repatriated and Japan-made products become more competitively priced abroad."'


Source:  IMF says yen's rapid slide may hamper Japan's post-pandemic recovery