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What is a Weak Yen?
A weak yen refers to the decreased value of the Japanese yen in comparison with other 💸 currencies. This tends to make Japanese goods and services cheaper for foreign buyers, while imports become more expensive for Japan.
Reasons 💸 Behind a Weak Yen
The value of the yen is influenced by several elements, such as interest rates, inflation, and economic 💸 growth. At present, the yen is weak due to the Bank of Japan maintaining a loose monetary policy, unlike most 💸 main economies that are tightening theirs. This gap in interest rates has led to the yen's devaluation.
Effects of a Weak 💸 Yen
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Store
Hours: Monday - Sunday: 8am-7pm | Online Store Hours: All
Day - Everyday 7th Ave. At san Carlos, Carmel, CA 93921 |
Phone: (831) 624-6441 | Fax: (831) 624-3170 |
mailto:market@nielsenbros.com |
Keywords: Wine, Gourmet Foods, Groceries, Grocery Stores, Carmel,
CA, Calkfornia
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