The Japanese Yen has hit a new low against the dollar, reaching levels not seen since 1986. The currency’s decline is part of a larger trend seen across many Asian countries this year, with several other currencies tumbling in value against the US Dollar.
At almost 40 years since the last low, this recent drop in the Yen has raised concerns about the state of Japan’s economy. Al Jazeera’s Rob McBride reports from Tokyo, shedding light on the implications of this significant development.
As Japan grapples with economic challenges, the weakening of the Yen against the dollar is a stark reminder of the complex financial landscape facing the country. Stay tuned for more updates on this unfolding story.
Watch the video by Al Jazeera English
Video “Japan’s yen hit a new low against the dollar to levels not seen since 1986” was uploaded on 07/02/2024 to Youtube Channel Al Jazeera English