Re:Yen sinks to 34-year low
by carlmr on Wednesday March 27, 2024 @03:47AM
(#39836527)
I guess there needs to be a balance between low value for driving exports and high value for making imports possible. Japan is an island nation, they need to import a lot of things to make their exports happen.
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Re:Yen sinks to 34-year low
by wodenokoto on Wednesday March 27, 2024 @04:30AM
(#39836720)
I'm not sure what you are getting at.
The national bank increased the interest rate in order to increase the value of the yen and now it is the lowest in several decades. How do you conclude that it is a "needed balance"?