The Japanese currency has dropped sharply recently, and even returned to the level shortly after the collapse of Japan's famous "foam economy" in 1990. This may be bad news for the Japanese people, as the depreciation of the yen will increase import costs and put pressure on families. Japan's energy supply and food heavily rely on imports, which means inflation may rise.
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Recently, the Bank of Japan's monetary policy meeting decided to maintain the current monetary policy unchanged and maintain the policy interest rate target between 0 and 0.1%. Subsequently, the yen plunged sharply.
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After two difficult years of near-zero growth, the prospects for recovery in Germany are looking up. But some experts have found that the temporary consumer-led economic data masks a long-term weakness in German industry. Why is German industry, once a proud bellwether and barometer of the European economy, still struggling? When German industry will return to its peak will be the focus of global attention.
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On April 29, local time, the exchange rate of the Japanese yen against the US dollar in the international foreign exchange market fell below 160 yen against the US dollar for the first time since 1990, hitting a new low in nearly 34 years. The continued depreciation of the yen has caused widespread concern.
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he exchange rate of the Japanese yen fluctuated wildly on Monday, rapidly depreciating to more than 160 yen per dollar, a 34-year low since April 1990. After that, the yen surged, reaching 154.5 yen at one point. The yen also suddenly rebounded against the Singapore dollar, from an earlier level of Y117 to about Y114.6.
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The Canadian economy is currently going through a complex phase.
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Recently, the Saudi Arabian media "Arab News" website published a commentary article, saying that soaring inflation and rising prices in the United States have led to a continuous decline in people's purchasing power and the inability to afford basic consumer goods, criticizing the US government for its slow response to the inflation crisis, ignoring the urgent needs of the people, and keen to play partisan issues. It has undermined public trust.
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The Indian economy is currently facing three intertwined challenges: poverty leading to insufficient demand, labor shortages, and regional wealth disparities.
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On the 25th local time, in the Tokyo foreign exchange market, the exchange rate of the Japanese yen to the US dollar fell to around 155.74 yen to the US dollar, hitting a new low in 34 years. The significant depreciation of the Japanese yen and a series of problems in the Japanese economy have attracted close attention from the international community.
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Under the ongoing impact of economic pressures, low-income households in Europe are increasingly challenged to cope with housing costs.
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On the global economic stage, the German economy has always been known for its strong automotive and manufacturing industries.
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