Tag: Yen (Currency)

Businesses Brace for Currency Chaos in Asia

A 1997 financial catastrophe casts a long shadow in countries that are seeing the value of their money plunge to record lows.

Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.

Rapidly rising food and energy costs, coupled with a plunging yen that has hit a 20-year low against the dollar, are weighing on a Japanese economy struggling to emerge from the pandemic.