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This is at least partially true.
If Japan has a trade “surplus” of x dollars, it has 2 choices: use dollars to buy USA bonds and assets or convert dollars to yen.
The excess dollars will make yen stronger or dollar relatively weaker.
This is at least partially true.
If Japan has a trade “surplus” of x dollars, it has 2 choices: use dollars to buy USA bonds and assets or convert dollars to yen.
The excess dollars will make yen stronger or dollar relatively weaker.