CNA Explains: Why is the yen so weak? | Video
03:21 Min
The Japanese yen fell to a 24-year low against the US dollar this week and is expected to weaken further. While other central banks have moved benchmark interest rates higher, Japan's have remained low. Why isn't Japan raising interest rates to shore up its currency? Roland Lim explains.
08 Sep 2022 02:47pm
The Japanese yen fell to a 24-year low against the US dollar this week and is expected to weaken further. While other central banks have moved benchmark interest rates higher, Japan's have remained low. Why isn't Japan raising interest rates to shore up its currency? Roland Lim explains.
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