This page is the news announced by NHK, a representative TV station in Japan.
Rapid "depreciation of the yen" The positive and negative aspects of the Japanese economy
The "depreciation of the yen" has progressed rapidly these days. The "depreciation of the yen" has the positive side of boosting corporate profits and attracting foreign tourists by exporting to overseas, and the negative side of increasing the price of imported goods and increasing the burden on companies and households. ..
The market after the Golden Week holidays renewed the yen's depreciation level of 131.30 yen per dollar for the first time in 20 years, and then temporarily moved to the 127 yen level. In addition, the Nikkei Stock Average temporarily fell below 26,000 yen. In the United States, the Dow Jones Industrial Average hit a new low since the beginning of the year. The background is the concern about "prolonged inflation in the United States", which seems to be changing the tide of the market, but is that true? (Hidetoshi Inomata, Reporter, Ministry of Economic Affairs)