2024 Could Be the Year of the Yen | EUROtoday

Get real time updates directly on you device, subscribe now.

The Japanese yen has been one of many worst performing currencies of the previous couple of years. It may do higher in 2024.

The yen has misplaced round 20% in opposition to the greenback because the finish of 2021, underperforming different main currencies. Japan’s central financial institution saved its ultralow rates of interest whereas most of its friends have been elevating charges aggressively. Higher yields exterior of Japan have pushed the forex decrease and decrease.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8