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All alternatives have drawbacks that limit their global role. What follows is the story of one such major currency—the Japanese yen—and why it failed to take the dollar’s throne. Kaiseki ...
If the currency exchange rate goes from 115 yen against the dollar to, say, 145 yen, that pushes up import prices by about 30%." People across Japan are feeling the effects, with shoppers ...
22 intervened in the foreign exchange market in Tokyo to prop up the yen after the Japanese currency hit its lowest level in 24 years. The move immediately pushed the currency up 3 yen to the 142 ...
Leading virtual currency exchange bitFlyer says the price of Bitcoin soared to a record high of 2.2 million yen, or about 20,000 dollars, in mid-December. But it fell to about half that level only ...
“We are not manipulating currency rates,” Ishiba said in a parliamentary committee Monday. “I don’t think it is something Japan should be doing to believe that it’s better to make ...
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