Japanese Yen in Hot Water, Plummets to its Weakest Position in Decades | Vantage with Palki Sharma
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- เผยแพร่เมื่อ 30 เม.ย. 2024
- Japanese Yen in Hot Water, Plummets to its Weakest Position in Decades | Vantage with Palki Sharma
The Japanese Yen is facing its worst crisis in decades. The Yen has lost over a third of its value over the past three years. Earlier this week, it dropped further, tumbling to its weakest position for a brief period of time against the US dollar since 1990. This sharp decline has rattled Japan's economy, raising concerns about rising import costs and the potential for a deeper recession. The culprit behind the Yen's woes? A widening gap between interest rates in Japan and the United States. The interest rate in the US is currently between 5.25 and 5.50 percent. In contrast, Japan's interest rate is much lower, sitting at just 0.1 percent. This makes the Yen a less attractive option for investors seeking higher returns, leading them to pull their money out of Yen-denominated assets and into US Dollars. With millions of empty homes and a fragile economic recovery, Japan faces a critical juncture. How can the Japanese Yen weather this storm and propel the nation's economy forward? Palki Sharma tells you more.
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Japan | Yen | Currency | Economy | USA | Dollar | Interest Rates | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#japan #yen #currency #dollar #usa #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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Some people here said something like Japan is not an independent country , it is colony of united states, atm of united states and etc. I am Japanes but have been living overseas many many years. I do not get offended by above description of Japan . Thank you for your honesty. I agree with you 100 percent. I want Japan to be independent country.
Everything in japan is dictated by the US, from economy, to security, to foreign policy.
Nope. You are a Wu Mao. You are not fooling anyone. If you are Japanese then say " Fuck Xi Jinping"
I mean, Japan lost the war and the US suddenly was "kind" enough to help Japan recover,.ofc there are some interests attached..
イエレンの意向を無視して、日銀が為替介入なんてしてるはずがないですよね？？🤣🤣
@@zackwang9314 because of its history.
Japan is not a fully sovereign country, it is too subservient to the US. Japan will continue bying American Treasuries contributing too a worldwide inflation which at the moment is US's main export product...
Corrections. Japan IS a sovereign nation that has their own constitution, laws, and economy. Japan is NOT subservient to the US, but rather is a valuable ally and partner. They also have the 4th LARGEST economy in the world. The US does NOT "export" treasuries as they are NOT a commodity like oil. Treasuries are low-risk investment vehicles purchased to earn interest at a low rate. The largest export of the US is oil. Other than that, you are correct. 🤣
@Greek0715 , Last hope of us is china and Japan , they have most of treasury bonds , if they withdraw it , intrest rates will be high in US and dollar value going down also ,
@@anuraggupta597 Do you know how much money China and Japan have in treasury bonds?
@@Greek0715 Nah, Japan is like Australia, Canada and New Zealand. Since Japan lost in WWII, that makes their monarchy subservient to UK monarchy. The UK lets the American ‘oversee’ their economic activities.
War is the US regime's main export.
Japan would let its currency fall all the way to down but couldn't go against US.
The United States controls the world narrative. Japan and Germany could never be sovereign countries because of their history. That's why no one talks about Japan's or Germany's crimes. Look at Russia, for example; it is a sovereign country and is always judged by its history.
no it wouldn't, governments take action out of their own interest to prevent their currencies from tanking.
We also need to understand countries like Japan, South Korea and Germany are the colonies of the US. Which means even these countries are economically powerful, they're still under the control of US.
Hopeful it will decrease the cost of Japanese products, cars, motorcycle, musical instrument.
luxury consumers will be running to buy designer with Yen,
@@chanistheman Who are we kidding? Govts will just put some tax on it
Holiday to Japan is now cheap but the Japanese cannot afford to go abroad. Devaluation maybe good for export but Japan is an import dependent country. The Japanese will become poorer
Japanese typically don't travel abroad that much.In fact many of them don't even have a passport.
They are already getting poor
As indian am very sad about japan.
because japan is fully dominated by westerns.include their culture also
I just got back to the US and can confirm my money went very far over there. I proposed to my fiance in Osaka under a blossomed cherry tree. It saddens me that the reason my money was valuable there is because of the state if the Yen. Japan is an amazing country and I hope it can pull through this, the world is very uncertain right now, seems all of our currencies are rapidly devaluing.
How much was a typical sushi roll there in dollars at a decent restaurant
What about Turkish Lira?? Pleas bring video on it based on latest reports
Forget Japan. Japan is just America's ATM. Japan cannot raise interest rates because the Japanese government's debt is very high. Raising interest rates will make the Japanese government unable to pay interest and go bankrupt.
Price Japan has to pay for being a US vassal state
Not necessarily true. If Japan got their head out of their butt, they could sell all their foreign reserves: dollars and euros and use that money to pay down their debt and then they could raise rates and the interest wouldn’t be as high.
Uhmm if they do that, the yield of the US bonds will go higher. That means that the Yen will devalue even further. Japan is trapped. There is no way out.
Yeah ultimately this is the truth. They can make a few nominal rate raises but anything significant would send the government broke. This has been a long time in the making for Japan. They carry more debt per capita than the US. A Shake down of the Yen’s purchasing power is long overdue. Japan isn’t really a global corporate superpower anymore I think only Toyota is still in the top 50 companies. The country is facing a population decline and no easy way to support the looming boomers retirement within the decade.
The only hope for the currency now is the US catching a cold and slashing rates with the world following.
These 9 million houses are not in cities .. these are in places where no one will want to live
Lot of risk inconvenient location etc etc....
These houses are given for free so someone can invest money in renovation ... these are not new houses but old houses... and i really dont know where did you get this 9million figure....
This report was not made upto standards of Palki ji or first post..
This report seemed to be made by some trainee in FP
"It is dangerous to be America's enemy, but deadly to be America's friend." Henry Kissinger
When I was in Japan, in the 1980's, the Yen was 450 to US$.
I dont agree with your interest rate part. Japanese interest rate has been at the 0-0.1% for years now and US's has always been on a higher side. Why will investors only sell now? This currency fall has more to do with the macro economic observations of Investors and not the interest rate part.
Investors point is partially correct but she didn't explain the whole context.
Lets say Japanese people take loans with 0.1% rate and they save in US to get more profit, which makes yen less valuable.
Less interest rates, Monetary policies always lead to devaluation of currencies, leaving inflation to an extent. This is expected to happen to all countries.
The recent boom in Japanese share market has pulled many investors to Japan.
Now the investors are again losing hope so they are withdrawing.
Great job, keep covering international affairs such as this without being baised towards any country.
The rupee is in similar straits, U$1 is now 83.4 rupees
Do you expect a india media report on bad own countries news? noo, they never report it
Wow! I just heard Japan is cheap lately too.
Made in Japan sucks not as good as it used to be
@ChandranPrema123 I wasn't addressing their manufacturing.
In Kenya the same situation was witnessed dollar gaining more and weakening Kenya shillings
It was 1Dollar =160.5ksh
Allowing foreign entities to "invest" into Japanese land is a terrible idea. That'll lead to the same outcome as what's being seen in the US, Australia, Canada, and so forth. It is good for the investors but terrible for everyone else.
I think your observation is incorrect regarding the interest rate part.
In Macro economics, when any country lowers interest rates, everyone in the country can take money from the banks with less interest this leads to no saving in banks. The home currency value decreases when compared to other. This is why yen is falling. The positive in this is people will be consuming more of some goods. So GDP will be good. This can rise goods prices and cause inflation. That's why countries rise interest rates to stop inflation.
Why would investors invest in Yen if they get lower returns from government securities.
Yes you are right, when interest rate is down, it will boost the demand but It’s not alwys the case. Japanese are frugal. They won’t trust their economy so getting them to spend mode is difficult. So the demand doesn’t increase.
@@Ishanth788Yes, i won't invest in yen if i get literally 0.1 money. I would go to another country.
Also, Demand depends on various factors which also includes food which you cannot avoid or be frugal, I just explained it in the general context.
@@Nee_raj but if the population is shrinking and left over population is ageing then there won’t be any demand for food aswell. Even I don’t know why the share market went back to 3 decade high. Still searching for that answer.
Because Japanese r purchasing the us dollar bonds . If they stop purchasing bonds US and his dollar value will be collapse soon . Note it !
@@Ishanth788 because many foreign market players are buying cheap stocks because of cheap yen
Investors are dumping japanese yen but i don't really understand who the investors are... someone please help
Where does indian rupee stand against dollar at what number?
Is not only for $,€ and £ are good time to invest tourism and farming
I can attest to this, i was just in Japan last month and US dollars go far there.
Thank gollies for those bond-chasing investor types.
Usually low Currency value helps to export goods . But in case of Japan , their companies have already shifted to Vietnam , Indonesia and Thailand due to low pay of workers .
japan is no longer the japan of the 80s and 90s where their exports dominate all over the world. Today it is Chinese exports that dominate the world
Japan BEGS USA, USA BEGS China
Japanese exports would improve, inflation would be the first time issue in decades.
Japan is adjusting from 357 for dollar to 98 at 160 is market eqiublium.
Japan is on the menu in America.😂😃😃
It's Time to buy yen as its on the news perfect bottom
Weren't they giving billions of dollars to aid to Ukraine?
Speculation ... is translated into ... "we clucked up" ... biggly,
Time for Japan trip for those who hold US$
It’s a long flight
The reason is not the us interest rate japan don't want to increase their rates and thus the are down versus all major currencies usd,gbp, euro, chf etc right now their rates are at 0.0% so the currency will continue to loose value
ask yourself what is the interest rate of india, australia, france and other.
What do the people of Japan say? Why aren't there much demand in their country? Is it only because their population is Ageing or any other reasons?
Probably too lazy
The affairs of Japan, in general, are not cared for as much among the Japanese populice as opposed to the UK or US. This can be seen in the way the government has not changed that much since 1955 due to the Japanese being disinterested and not caring for alterations within their nation.
@@BestanimeAnime absolutely not. Japanese are anything but not lazy.
With your rate of assumption of Japan internet at 0.1%, INR should have done well against the USD. Why is INR not improving
Please make a video on how the Indian Rupee is doing.....
Please make Indians proud ...
This is the sign of de dollarization and beginning of conflicts in west asia dont ask hiw but japans decision will decide de dollarization
Hey Palki!
The best way for Japan to fix this or basically any country to fix this is to urge the US to start quantitative easing. Their 2% inflation rate target seems impossible to achieve.
The United States is reaping all its allies,,😂
I dnt think they bother with this
Weak JPY is not always bad, you know. Businesses are coming back to Japan one after another. No buyers of properties come from the rapid aging society. If many exporters come back to the homeland country, if the government/JPN tech companies attract Indian tech engineers, there could be a chance to rise again? who knows?
Unemployment, inflation and water scarcity in India is a bigger problem.
Every currencies is dropping like flies. Except countries like mexico. 👍
In the coming months Gold will reach $3,000 per ounce and it will be talked about.
Time to bring back the debt money from USA 😂 shit will hit the fan😅
Tha last words spells out your typical intentions 😂😂
India rupee also trouble
Japan has the most tourist ,investment friendly right now,they devalued and lower their currency to attract more money from outside. Everything going to Japan now. This is the good time to go and visit japan. I more worry on china and other country than Japan.
Gold stocks are undervalued compared with gold prices, stocks will skyrocket once earnings come in, not to mention bad market news will further fuel the prices…BUY GOLD Stocks !!
Hint of de dollerization ,,
Investors don't invest millions based on the local base rate. They invest in stock & shares and in bonds that are too often linked to leveraged exotic financial instruments.
the problem is that we need more America main characters in anime XD 😆😆😆
Why Japanese don't invest in India when interest rate above 8%?
Vassal state
5 percent of interest if the inflation rate is 6 percent,.same shit. 😅
Japan is not a colony of America. We have a defence pact and close economic ties but they can do whatever they want to like any other country.
No it's still under the occupation of usa. It has many military bases there..usa try to give a impression that Japan is free but it's not. Japans policies are influenced by usa. Japanese are brainwashed since the end of ww2 to think the are not under the influence of usa but clearly they are under it.
They should just drop some of their dollar
Japan needs to stay close to America as an Economic power. It is because of America Japan has been empowered to embrace the benefits of economic prosperity. Now with China's continued aggression in the Pacific Region. Japan has no other option but to maintain close ties with America to remain a Loyal ally to America.
BRIC currency is much welcome😅
Meanwhile Indians borrowing billions of money from Japan ....😂
Japan is creative and resilient, they'll survive.
😂😂😂
1 Indian Rupee equals
0.012 United States Dollar
In short Japan need migration
With les $ better investment
kawawa talaga kameng ofw
Being American friend is expensive i guess😢😢😢
那是美国的儿子😂
I not agree with her irs time 2:24 to invest japan eith dollars
Talk about PM Modi who took Japanese Loan for the bullet train project from Mumbai to Amdavad. Now India have to pay back 33% more.
Whereas the PM Modi was boasting about negotiating zero percent interest rate then???
Credit was taken and Indians were burdened with this horrundus japanese loan!!
Japan don’t worry India will give Rupee swaps with you
2 yuan credited in your account 🤣🤣🤣🤣
Japan's PM Kishida made a tax evasion scheme NISA.
NISA caused capital flight from Japan to America's stock market because Japanese peoples know that Japanese businesses are so corrupted that they can't lose money buying shares of Japanese businesses.
The capital flight is the main driver of yen's depreciation.
Therefore, if Japan abolishes NISA, yen dramatically appreciates and Japan's stock market crashes badly.
Kishida fears crash of Japan's stock bubble. Therefore, he doesn't want toabolish his tax evasion scheme NISA. Therefore, Japanese government will necessarily crash at next election. And, regime change of Japan will bring yen's dramatic application and devastating collapse of Japan's stock market.
Japan has been facing deflation for past 20 years. When a state is in deflation, even if you offer the highest interest people will not invest; rather they prefer to save. Deflation is the toughest to handle and the monetary authorities of Japan has been handling it well which is evident from recent indicators. Though they have deflation still they are one of the developed countries in the world. Anchor should tell her boss to fix India first rather than preaching to Japan. Petty Indian journalist😖.
USA is Boss Hog
This is another reason for de-dollarization.
I saw somewhere online that Mr. Warren Buffet is taking his money to Japan. He is old and he has no use with so much money. People that invest don't necessarily seek profits. Some investors seek value in their investments.
啥啊，他是在日元价格高时发行债券借入日元，等到股市上涨日元汇率下降抛售股票还掉日元，股市和汇率赚两次，自己除了拿信用发了点债券毛都没出，空手套白狼罢了，你还当巴菲特真拿钱去日本啊
Simple.. Dump all US treasury bonds that held by Japan..
Japan should switch currency to Rupees INR to save is economy.
Why? India economy growth is fastest, and this is going to continue until 2400. Imagine by that time India GDP is 5x USA, 50x China, 100x Japan.
So with this financial
forecast, Japan better rush for it. By 2400, Greater India covers the land of all Russia, China, South East Asia, Middle East. 😊😅
1:00 absurd explanation
A US colony 😢😢
Growing
What about Inr b*😂
Bs tu rupaye ki Baat na krna😢😢😢😢😂
First remove stupid sanctions on Russia and buy discounted oil and gas from Russia then recession will go away and value of yen will slowly increase
Com on Palki there is lot of shit in End-ia 🇮🇳 to talk about why you just talk about others
Propaganda it is. Just interest never make mony strong
do not teach us
不是吧铁铁，教育完美国，指点完中东，评论南海后又开始关心日本汇率啦，真是侠之大者忧国忧民啊
Japan has 9m empty homes,
Because of constant up grades in earth quake building standards.
Always other than your country are bad.
Financial harvesting is the main concern. It does affect Indian rupees also. Learn from Ch!na how to counter financial harvesting against western hegemony.
Palki has become part of godi media.
Shut Ur mouth
Reporting on Japanese currency is not a campaign of Modi Administration I guess..🤦
Chup
Har jagah chamcha giri ghus Gaya hai
Then india HSR also in deep shit, Japan low value money 😂
Education in important my friend
No it will become cheaper
Indian HSR is in India's paws
its better for india HSR will get cheaper
Simple calculation based on USD, let say 1 india worker contracted at $1:
2015 Japan paid 120 yen
2024 Japan to pay 160 yen
How can HSR be cheaper, Japan need to pay more, better Japan abandon the project 🤣
Japan economy is strong, its US who is playing the game ! wait for couple of months .....
1:200
T-H-I-S I-S P-R-O A-M-E-R-I-C-A-N CRAP!!!!
More speculative bad news about Superior Economic powers. Maybe they should drop the Yen adopt the Indian Rupee instead and give the world a laugh. Palki Sharma will explain to them Modi Magic, they will reply teach your supporters to read for a start your ideas are absurd plus we are a democracy unlike India.
Ur hate against modi love it 😅
@Aron_justin Slanderous BJP Supporting Troll keep your hate comments to yourself I talk economics and the known facts. Take your ignorant hate elsewhere along with BJP Modi Magic, off you pop Troll 🧌.
u need serious help buddy
@anandsuralkar2947 yes from harassing ignorant BJP Supporters. Cut the insults talk economics and say facts or beat your feet like a say nothing Troll 🧌
Sorry to tell you but Japan's economic position is predicted to fall below India's in the next few years 😂
Japan have second most bonds in usa they can sell it and usa currency will go down 😂😂 simple
what about Indian Rupee? Our currency not worth pennies when compared to the dollar. Let’s wash our asses first then we can complain about other countries.
Um do you not understand what reporting is?