Cash is Trash? Not Yet! 💸 #japan #shorts #news #cash #yen #doller

In a surprise move to protect the yen, Japan’s central bank sold over $62 billion in US dollars to stabilize its weakening currency. This massive foreign exchange intervention sent shockwaves through global markets and marked one of the boldest financial moves by the Bank of Japan since 2022. The yen had been plunging due to interest rate gaps with the US, affecting imports and inflation. Japan’s action signals growing concern about long-term economic balance and the need to prevent further devaluation. The decision was met with both investor applause and skepticism as the currency briefly rebounded.

@KnowledgeWolfs

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