Weak yen, high commodity prices hurt Tokyo's economy
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The Land of the Rising Prices | |
Dear Phan, | Japan released its trade deficit on Thursday. The report measures how much a country's imports exceed its exports. Trade now! | A weak yen combined with high commodity prices caused Japan to record its biggest trade deficit since 2015, widening by 59% year-over-year. | This is bad news for Japan's economy and could be even worse for the yen's value. Will the yen drop even further against the dollar today? | | | |
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