yen carry trade

Japanese Yen rises to 7-month high: What does it mean for Indians travelling to Japan?

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Japanese Yen rises to 7-month high: What does it mean for Indians travelling to Japan?

As Japanese currency Yen hits seven-month high against US dollar, there are concerns around the higher cost that would lead to woes for Indian travellers. In the past one month, Yen has risen by 10.84 percent against the US dollar, as per the data revealed on XE.com. Japanese Yen traded at 0.0068962 USD (1 JPY) … Read more

Japan stock market: Why Yen carry-trades are in focus| Explained

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Japan stock market: Why Yen carry-trades are in focus| Explained

Japan’s Yen surged 2% as it witnessed its highest level against the dollar since January, and China’s yuan jumped by 0.7%, on Monday, damaging carry trade rates. The Mexican peso, on the other hand, slumped 5 per cent against the dollar in Asian trading, moving for a loss on the consecutive third day. Such a … Read more