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…

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