The Japanese yen has been one of many worst performing currencies of the previous couple of years. It may do higher in 2024.
The yen has misplaced round 20% towards the greenback because the finish of 2021, underperforming different main currencies. Japan’s central financial institution stored its ultralow rates of interest whereas most of its friends have been elevating charges aggressively. Increased yields outdoors of Japan have pushed the foreign money decrease and decrease.
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