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Anonymous users2024-02-11The increase in the yen price is mainly due to the repatriation of international carry funds.
To put it simply, since the yen is a typical zero-interest rate country in the world, its lending interest rate is quite low. Since interest rates in many countries were quite high before the crisis, many speculators borrowed from Japan and exchanged them for other currencies (e.g., Australian dollar, Canadian dollar), causing everyone in the foreign exchange market to dump the yen and exchange it for other currencies. As a result, the yen exchange rate usually depreciates during boom times.
In the aftermath of the crisis, countries lowered their benchmark interest rates, making it unprofitable for carry speculators to sell their high-interest currencies and buy back yen to repay their loans. This type of trading is called "carry trade closing". If the economy stabilizes and interest rates in other countries gradually rise, there is still a chance that the yen will weaken.
At that time, if you want to exchange yen, it will be a good deal.
As for going abroad, if you are traveling, you will have a relatively cheap price in Japan, even though the yen exchange rate is high. (Because Japan's foreign trade volume has fallen significantly, a large number of inventories are sold in the country);
If you go to school, then Japanese schools are expanding their enrollment very much, in order to absorb students who can't find jobs and the unemployed;
If it is a job, then the yen wages earned now may depreciate in a few months.
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Anonymous users2024-02-10The yen and the dollar are pending. What to do abroad? If you go abroad to work abroad, if you go to a domestic company, you can settle your salary in RMB, and the RMB is still very stable!
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Anonymous users2024-02-09If you study abroad or work, it doesn't have a big impact, and now the money you earn in Japan is cheap to exchange for RMB.
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Anonymous users2024-02-08Wouldn't it, when the financial crisis comes, you won't go abroad? Don't let the clouds cloud over your head.
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Anonymous users2024-02-07When will it be possible to raise the point, the Lord Amen, ask the Lord to bless it at the ** point.
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Anonymous users2024-02-06Summary. Japanese Yen (Japanese: 円, Japanese romanization:
EN, English: yen), whose banknotes are called Bank of Japan bills, are the legal tender of Japan, and the yen is also often used as a reserve currency after the US dollar and the euro. The Japanese yen is the name of the currency unit of Japan, which was created on May 1, 1871.
In 1897, Japan established the gold standard, and the gold content was set at grams, and in May 1953, the gold content was declared as grams, and the gold standard was completely abolished on March 31, 1988.
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The yen's sharp rise last night was due to the dollar's holding firm after a suspected intervention by the central government, but it weakened and briefly turned negative after preliminary data from the S&P Purchasing Managers' Index (PMI) showed that U.S. business activity contracted for the fourth straight month in October, the latest evidence of the bank's weakness amid high inflation and rising interest rates.
Japanese Yen (Japanese: 円, Japanese romanization: en, English:
yen), whose banknotes are called Bank of Japan bills, are the legal tender of Japan, and the yen is also often used as a reserve currency after the US dollar and the euro. The Japanese yen is the name of the Japanese currency unit, which was created on May 1, 1871. In 1897, Japan established the gold standard, and the gold content was set at grams, and in May 1953, the gold content was declared to be a gram, and on March 31, 1988, the gold standard was completely abolished.
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Anonymous users2024-02-051. The Japanese economy has been hit by the new crown epidemic.
First of all, the Japanese economy has been hit by the new crown epidemic, and the new outbreak of the new crown epidemic in Japan has once again brought all walks of life in Japan to a standstill. At the same time, the outbreak of the epidemic in India has also cast a shadow on the economy of the whole world. As an island country, Japan has limited resources, so in this context, the yen** is also reasonable.
Second, Japan lacks political status, and it is difficult for the yen to recover strongly.
Second, Japan's lack of political status makes it difficult for the yen to recover strongly. For example, when the United States suffers from an economic downturn, it can use its hegemony to keep the dollar exchange rate within a relatively stable range. Japan, on the other hand, has a relatively low political status and lacks a say in international affairs and international monetary policy, so it is difficult for it to make a strong recovery of the yen through political intervention, and with the help of the United States, the yen may achieve a small increase in the future**.
3. The yen will not be ** all the time.
Although the yen has continued to ** in recent months, the author believes that the yen will rebound slightly in the future, because Japan is the world's third largest economy, and the stability of the yen exchange rate is essential to the stability of the entire world economy.
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Anonymous users2024-02-04Summary. Japan is currently affected by the domestic epidemic and has led to an economic downturn, which has to increase the intensity of currency supply, resulting in the yen exchange rate has been in the middle of the market, and it is expected that it will be difficult to see a more obvious ** this year.
When will the yen be able to **.
Japan is currently affected by the domestic epidemic situation, which has led to an economic downturn, and has to increase the intensity of currency delivery, resulting in the yen exchange rate has been in the middle of the market, and it is expected that it will be difficult to see a more obvious ** this year.
In this way, there is still a possibility that the yen will fall against the yuan.
Can it be ** to 6 in 2023.
Before the end of the day, Europe and the United States and other countries have quietly adopted the method of raising interest rates to deal with inflation, but Japan's weak economy is far from the extent of raising interest rates, resulting in further pressure on the yen's exchange rate.
If Japan's economy still does not improve significantly by 2023, there is a chance that it will slide further towards the yuan.
Under what circumstances can it be ** to 6
If Japan's domestic GDP growth is negative year-on-year next year, the price index CPI does not improve, and the interest rates of major developed foreign countries are still at a high level, the Japanese Rubber Dollar will depreciate further at this time.
Only if Japan's economy improves significantly next year, will the yen have the best momentum.
Is it possible to wait until the epidemic is over?
Yes, the economy will only be able to recover if the epidemic is under control.
The financial crisis in the United States was triggered by the subprime mortgage crisis, that is, the people had no money, but they wanted them to buy a house, so the bank lent them money, but in the end it could not be paid, and the result was that the economy went wrong. As for affecting the whole world, you have to think that the national debt of the United States is hundreds of billions better a year, and the expenditure of the United States is greater than its income, but what about this gap? If the people who owe money to others can't afford to pay back the economy, then the money lent to the United States by the countries of the world will be wasted, so the world's economy is closely linked, and the crisis in the United States has expanded to the whole world because of financial derivatives and other channels.
Soros's most famous record is the Asian financial crisis in 97, and the collapse of Soros was directed by Soros. So the question is, why is a country's currency so vulnerable? I was able to be crushed by the power of one person. >>>More
First of all, the dollar is not absolutely negatively correlated with the movement of **. They will be influenced by other factors. Secondly, the Fed recently announced that interest rates will remain unchanged and that low interest rates are likely to remain unchanged until 2013, and the S&P cut has a further pressure on the dollar, resulting in a rapid ** dollar index, which is positively correlated with the dollar index and all the way**. >>>More
In addition, banks are worried that enterprises will not be able to repay their loans, so they have strictly restricted the issuance of loans, so that it is difficult for enterprises to obtain enough funds to turn over, so that enterprises are struggling to survive, and they have closed down one after another in the case of difficulty in obtaining loans, so as to protect their own maximum interests.
If you ask this question, then I think this should be caused by people, people's greed This is mainly the global financial turmoil caused by the subprime mortgage crisis, when the concept and quantity of using future money has exceeded the scope of bearing, collapse is an inevitability, every financial crisis is contained in the rapid development of the economy At the same time as the number of assets increases, it is also accompanied by the expansion through expansion, when the money in hand is increasing, but there are fewer and fewer things that can be bought. In fact, it is the depreciation of the real value of the currency >>>More