according to the Japanese outlet NHK. The face value of the coins is 1 sen, the equivalent of one-one hundredth of a yen. Today, 1 yen is worth 0.65 cents in USD, less than a penny. Close-up ...
When propping up the yen, the dollars come from Japan’s foreign reserves, which puts a limit on its firepower. At the end of November, Japan had $1.08tn in foreign currency. In the interventions ...
The yen has been weakening once again. The Japanese currency traded at the 142 ... The unemployment rate also improved slightly, dropping to 4.1 percent. Wage growth rose by 4 percent year-over ...
Japan is closely watching currency market positions, including those built on speculative bets, because volatility in ...