Karen VARDANYAN’s Post

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Principal CEO at Nationsorg - nationsorg.com

The yen has lost 40 years Today, the Japanese yen fell to 160.6 yen per dollar, a level last seen at the end of the Japanese “economic miracle” in 1986. Since the beginning of the year, the yen has lost 12% against the dollar, which has brought higher prices for imports and a decrease in consumer and business confidence. Markets are waiting for the country's authorities to once again come out in defense of the national currency and prevent the most desperate sell-off among developed countries.

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