Economy_财经纬度

Economy

Economy 2024年5月1日

What risks does a "strong dollar" pose to the world economy?

The yen has fallen to its lowest level against the dollar in 34 years, but it is not the only currency that has been losing value recently. Recently, the Korean won, the Indian rupee, the Indonesian rupiah, the Malaysian ringgit, the Vietnamese dong, the Philippine peso and other Asian currencies have continued to come out of the downward curve, and the exchange rates of many local currencies have fallen sharply against the US dollar, causing market concerns about the stability of the capital markets of emerging economies.

Economy 2024年4月30日

What does the accelerated depreciation of the Japanese yen mean for the economy?

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.

Economy 2024年4月30日

How will the impact of the yen's another collapse be?

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.

Economy 2024年4月30日

Why German industry is Struggling

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.

Economy 2024年4月30日

The yen hit a new low against the dollar

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.

Economy 2024年4月30日

Yen exchange rate hit a new low after rebound suspected central bank intervention

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.

Economy 2024年4月29日

What is the current state of the Canadian economy?

The Canadian economy is currently going through a complex phase.

Economy 2024年4月28日

Surging inflation in the US has hit people's lives

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.

Economy 2024年4月26日

What are India's economic weaknesses?

The Indian economy is currently facing three intertwined challenges: poverty leading to insufficient demand, labor shortages, and regional wealth disparities.

Economy 2024年4月26日

The significant depreciation of the Japanese yen has attracted close attention from the international community

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.