Warns of the Yen Crisis on the Day when "Exit" is Restricted

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last Sept. 1 The Japanese Yen isสล็อตฝากวอเลทdown. your Mobile Banking account, making it easier to receive money. Saves you from wasting time reporting the transfer amount. or transfer slip with admin as before anymore  and fell to a 24-year low against the dollar. It broke through a key psychological resistance at 140 yen and traded in the European market at 140.23 yen per dollar.

This means that $1 can be exchanged for more than 140 yen for the first time since 1998.


direction of the yen It is a downward trend since the beginning of the year. In March, the yen / dollar exchange rate was at 115 yen and continued to depreciate until it stabilized at 139 yen around mid-July.

But the volatility didn't really stop until it hit a new 24-year low, not only causing concern to the Japanese authorities. that closely monitors the situation only Even many economists are becoming increasingly apprehensive.

The main factor continually weakening the yen is Inevitable dollar appreciation from the Fed's policy adjustments. or the Federal Reserve Bank of the United States that turned to raise interest rates hard and fast to suppress the inflation situation in the country

on the contrary The Bank of Japan, or BOJ, is almost the only country that has firmly adhered to its accommodative policy, with interest rates still almost “zero”.

while the world situation Since the Covid crisis, the war in Ukraine, the energy crisis, global trade has almost stalled. It greatly affects Japan's trade balance because it can hardly be exported. while having to import oil and natural gas at a glittering price It affects the yen as well.

The key is to make the “Yen” not an asset that “risk-free” or “safe haven” of the money market



Market traders believe that The yen will weaken further. Some say they still don't see new resistance. until it hits 147 yen, the lowest exchange rate ever established in 1998.

Money market analysts at JP Morgan believe there is a possibility that the yen will weaken as much as 145 to the dollar. If the policies of the Fed and the BOJ remain in different poles like this

Interest makes the difference between the returns of each currency. Money traders choose to sell their money in low-yielding currencies. in order to invest in the part that has a natural high return

The more countries raise interest rates in response to pressure from the US, the more the Yen becomes the only currency with a “zero” return and invites more Yen to “carry trade” against money. various surnames pushing the yen to depreciate further, respectively.

The weakening of the yen Japan may export more get more money But at the same time, it makes imported goods hugely expensive. including fossil fuels that Japan must import 100%