cheap yen

Japan is the world’s largest net foreign creditor and has to look for returns worldwide.

The yen REER is trading almost 27% below its long-term average of 102.2.

The REER is the real effective exchange rate and measures the development of the real value of a country’s currency against the basket of the trading partners of the country. It’s used to assess the equilbrium value of a currency.

The article was the source of this post.


Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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