Japanese Yen and US$ — The love-hate relationship and its impact on their stock markets and economies
1 min read4 days ago
The Japanese Yen (JPY) has long been one of the world’s major currencies, and it is used widely in international trade and finance. Japan’s central bank, the Bank of Japan (BoJ), controls the country’s monetary policy, including setting interest rates. For years, Japan has maintained extremely low, and sometimes negative, interest rates to stimulate its economy. Low interest rates are designed to encourage borrowing and spending by making loans cheaper. However, these rates can also have broader implications, especially in global economics. Check out this blog to learn about the latest changes in the Japanese interest rates and currency rates and how they have created a ripple effect across the world, especially in the US economy.
