Japanese Yen is at its Weakest Level Against the U.S. Dollar Since 1998
Posted on 06/13/2022
The Japanese yen plunged to its lowest level against the U.S. dollar since 1998. Recent record-level U.S. inflation numbers are fueling a widening monetary policy gap between Japan and the United States. While the Federal Reserve is trying to raise interest rates, while balancing policy to avoid a recession, the Bank of Japan is staying…
