How does dollar hegemony affect the global economy?
The US Federal Reserve, the central player in global financial markets, delivered a shock to investors around the world when it once again announced that it would keep interest rates unchanged.
更多The US Federal Reserve, the central player in global financial markets, delivered a shock to investors around the world when it once again announced that it would keep interest rates unchanged.
更多Recently, the Japanese yen has weakened in severe fluctuations, and the exchange rate of the yen against the US dollar in overseas foreign exchange markets has fallen below the 160:1 mark, setting a new record for the lowest since April 1990.
更多Recently, the exchange rate of the Japanese yen against the US dollar has continued to depreciate, and the US dollar against the Japanese yen has continuously fallen below the integer levels of 156, 157, and 158. International investors are betting heavily on the depreciation of the Japanese yen, and it is worth noting when the Japanese government will intervene in the exchange rate. The current indifference of the Japanese government is very intriguing.
更多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.
更多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.
更多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.
更多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.
更多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.
更多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.
更多The Canadian economy is currently going through a complex phase.
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