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What happens to the Yen?

Viet

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The Japanese currency falls by 20 percent against the dollar since beginning of the year and keep falling.


2ABDBBF8-C649-4229-9539-7708BF9EB04F.jpeg


 

Menthol

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Japan unwillingly raise its interest rate.

So everyone, including the Japanese themselves put their money to USD.

If US government keeps increasing the interest rate, more people are going to abandon the Yen.
 

REhorror

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There's much internal trouble in Japan now, opposition to Abe's state funeral, rising prices, incompetent Kuroda - Bank of Japan's manager.
I expect this situation will only change when Kuroda leaves his post in March, or Kishida gets voted out this October because people don't want to attend Abe's state funeral.
 

casual

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There's much internal trouble in Japan now, opposition to Abe's state funeral, rising prices, incompetent Kuroda - Bank of Japan's manager.
I expect this situation will only change when Kuroda leaves his post in March, or Kishida gets voted out this October because people don't want to attend Abe's state funeral.
Kishida's party is in trouble because most of them are in bed with some crazy Korean cult. It's also the reason Abe got offed. Even Abe's killer has a higher poll rate then Kishida lol
 

S10

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Lower yen is beneficial to an export-oriented economy, no? Or has Japan's import been rising lately?
 

REhorror

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Kishida's party is in trouble because most of them are in bed with some crazy Korean cult. It's also the reason Abe got offed. Even Abe's killer has a higher poll rate then Kishida lol
Kishida was a disappointment, I thought he's gonna clean up Abe's party, that would give him a major boost.
Now he's sinking by the ghost of Abe.
Lower yen is beneficial to an export-oriented economy, no? Or has Japan's import been rising lately?
From the latest stats, Japan's imports are rising due to energy concern and cheaper yen, even their exports can't maintain the balance, so they are under deficit for more than a year already.
 

beijingwalker

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Lower yen is beneficial to an export-oriented economy, no? Or has Japan's import been rising lately?

JAPAN REGISTERS LARGEST SINGLE-MONTH TRADE DEFICIT

In August, Japan’s imports outstripped exports by the largest margin on record. Exports rose 49.9% in the year to August as a result of increased oil, coal and liquified gas (LNG) prices, pushing Japan’s accumulated trade deficit to its lowest on record.

 

casual

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Kishida was a disappointment, I thought he's gonna clean up Abe's party, that would give him a major boost.
Now he's sinking by the ghost of Abe.

From the latest stats, Japan's imports are rising due to energy concern and cheaper yen, even their exports can't maintain the balance, so they are under deficit for more than a year already.
Kishida needed to come down hard on that cult but he didn't do anything. It was only after his poll numbers fell below 35% that he ordered all of his party members to cut ties to the cult. However, he still hasn't done anything to punish that cult.

well, he had his chance. the next PM will for sure not be him

Lower yen is beneficial to an export-oriented economy, no? Or has Japan's import been rising lately?
japan's running a net trade deficit now days. Lower yen's going to hurt
 

REhorror

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Kishida needed to come down hard on that cult but he didn't do anything. It was only after his poll numbers fell below 35% that he ordered all of his party members to cut ties to the cult. However, he still hasn't done anything to punish that cult.

well, he had his chance. the next PM will for sure not be him


japan's running a net trade deficit now days. Lower yen's going to hurt
I still think Kishida has a chance, as long as he doesn't hold elections, or his ratings don't drop as low as 10% as Suga.
It's very unlikely that he will cancel Abe's state funeral, so his chance to improve the ratings will happen after September..
 

casual

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I still think Kishida has a chance, as long as he doesn't hold elections, or his ratings don't drop as low as 10% as Suga.
It's very unlikely that he will cancel Abe's state funeral, so his chance to improve the ratings will happen after September..
perhaps if he can turn the economy around. Tho unlikely given the challenges and Kishida's pretty dumb.
 

Mista

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The Yen has depreciated ~25% against the SGD since last year, I should start planning a trip to Japan when they fully reopen their borders...
 

REhorror

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perhaps if he can turn the economy around. Tho unlikely given the challenges and Kishida's pretty dumb.
Japan's GDP has been revised to be up 3.5% last quarter, so it's not all bad for him.
The Yen has depreciated ~25% against the SGD since last year, I should start planning a trip to Japan when they fully reopen their borders...
Me too, me too.
 

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