CNA Explains: Why is the yen so weak?

The Japanese yen fell to a 24-year low against the US dollar this week and is expected to weaken further. While other central banks have moved benchmark interest rates higher, Japan's have remained low. Why isn't Japan raising interest rates to shore up its currency?
CNA's Roland Lim explains.
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Пікірлер: 69

  • @tianyanghu3723
    @tianyanghu3723Ай бұрын

    one year later,reviewing this video is even more interesting

  • @lettercali
    @lettercali Жыл бұрын

    A lot of large global Japanese corporations are making history record profit due to low JPY. 33% up. It means the Japanese government are gaining record high corporate taxes from them. Small to mid import businesses are hurting but from the government perspective their loss is not critically impacting because it’s covered by profits/taxes made by those large players. Raising interest rate to “strengthen JPY” discussion has no point. What the Japanese government needs to do is to support and redistribute gained taxes to those small mid size businesses impacted by low JPY.

  • @animedrill

    @animedrill

    Жыл бұрын

    My god I wanna read market like this

  • @0xdeadbeef131

    @0xdeadbeef131

    3 ай бұрын

    “Redistribute” Are we supposed to thank the government when they do? So dumb

  • @trustgtr33
    @trustgtr33 Жыл бұрын

    more attractive japanese exports is a good thing for japan..situation is volatile at the moment, an over reaction by central bank would effect an already slow local economy.

  • @ilhamrj2599
    @ilhamrj2599 Жыл бұрын

    It is great for export-driven economy like Japan.... They did it artificially and massively back in 1970s and 1980s to boost their economy... that was the time when Japanese tourists were flocking Hawaii and major US cities in droves (kinda like Chinese tourists before pandemic). THat was also the time when The Japanese was the top investors in Asia and America.

  • @rajvirsingh4552
    @rajvirsingh4552 Жыл бұрын

    In order for a country to be considered to be doing well, it only has to 2 things : 1. Trade Surplus / Positive Balance of Trade 2. Positive Net International Investment Position.

  • @wisdom6765
    @wisdom6765 Жыл бұрын

    Japan is no more for foreign worker 😢😢😢

  • @syafsmith5085
    @syafsmith5085 Жыл бұрын

    Des Chan will show up here and tell us this is somehow our govt’s fault

  • @asiaone9609

    @asiaone9609

    Жыл бұрын

    Des Chan is smart actually

  • @johntwohy8337
    @johntwohy8337 Жыл бұрын

    In the past, a strong yen had caused economic stagnation for decades. Let's see if a weaker yen will help.

  • @perlasandoval7883

    @perlasandoval7883

    Жыл бұрын

    the race to the bottom again?

  • @helixcrash2320

    @helixcrash2320

    11 ай бұрын

    its not helping the residents here regarding food stocks.

  • @JeramieSaito
    @JeramieSaito7 ай бұрын

    I hope the government knows what it's doing

  • @raffycalisa7594
    @raffycalisa759411 ай бұрын

    Because of that many of the foreign worker discide to go back to their own country or applying to other countries

  • @rex-ov4bi
    @rex-ov4bi Жыл бұрын

    Look from other side, why other currency so strong?

  • @johannesjohn166
    @johannesjohn166 Жыл бұрын

    Euryen Will be 150 soon ?

  • @teacre120
    @teacre120 Жыл бұрын

    0:19 missed opportunity for wh¥

  • @deschan2246
    @deschan2246 Жыл бұрын

    Low Yen is a strategy Japan choose. From past record, I trust Japanese Government knows what they are doing.

  • @chriswaters3442

    @chriswaters3442

    Жыл бұрын

    It is among the stupidest governments in the world.

  • @harukrentz435
    @harukrentz435 Жыл бұрын

    If only they open their country for tourist.

  • @jjsamuelgunn1136

    @jjsamuelgunn1136

    Жыл бұрын

    They are doing that now.

  • @colonia04

    @colonia04

    Жыл бұрын

    They will open it now completely in October 11

  • @luisarashirovideo
    @luisarashirovideo4 ай бұрын

    The US being weak it’s making Japan weak

  • @LYJrb819
    @LYJrb819Ай бұрын

    ok

  • @Forever-iz2dv
    @Forever-iz2dv5 ай бұрын

    Sure, I have no plans of investing my Filipino Peso to Yen anyway

  • @DanielHYNg
    @DanielHYNg Жыл бұрын

    Japan is deteriorating further.

  • @nikosbalakos6525

    @nikosbalakos6525

    Жыл бұрын

    This is what I'm wondering... with their debt, they can't raise rates to defend the yen... looks like they're trapped.

  • @operas2585
    @operas25855 ай бұрын

    Just help increased the value of ringgit then other high value currencies country could be increased too. Help ringgit become Rm 1 = 2 usd then others could be happier.

  • @toram6210
    @toram6210 Жыл бұрын

    Yen is low because they are helping USD Why the news make it so complicated

  • @user-hn5gx6yh9p
    @user-hn5gx6yh9p Жыл бұрын

    みんな!円安だから日本に遊びに来てよ!

  • @kap0no22

    @kap0no22

    Жыл бұрын

    来ますよう〜

  • @juvezhang1715
    @juvezhang1715 Жыл бұрын

    G of Japan aims to boost export by downgrading Yen value. This is normal. YEN Daka is not good for export.

  • @operas2585

    @operas2585

    5 ай бұрын

    Yen Daka😂 from green Japanese flag.🇧🇩

  • @NicholasHuang09
    @NicholasHuang09 Жыл бұрын

    Roland has moved to Sg!

  • @anglo-saxonconnor817
    @anglo-saxonconnor817 Жыл бұрын

    Japan depend on selling tourism and exporting goods out to the world to survive unlike Singapore who attract investments in. In the past when technology,skills and talents wasn't that widespread people have no choice but to buy from that few handful of countries and they can charge a hefty price for their assets thus their currency strength is strong. Nowadays no countries have that edge and people have a much bigger choice. Also you drop your currency strength you sell your goods easier and attract more tourists to enter your country. Singapore can't do that. Singapore have to do the reverse instead by keeping the currency strong all the time. You adjust and weaken the currency strength your investors will run away from Singapore very quickly. Singapore three most important things to defend are her currency strength,societal stability and law integrity. These three draw in everyone and keep most in check. If these three went awry Singapore will be in trouble.

  • @joshuacorden4295

    @joshuacorden4295

    Жыл бұрын

    What does Singapore actually do

  • @sendo82
    @sendo82 Жыл бұрын

    Thanks Americans

  • @wangchung7599
    @wangchung7599 Жыл бұрын

    The best students were sent to study capitalist economy in the best universities in America. Something amiss.

  • @xihengtan8699
    @xihengtan8699 Жыл бұрын

    HUH

  • @Riddingwithvivian
    @Riddingwithvivian Жыл бұрын

    Yen weak for same reason all currency is weak against the dollar...US is destroying supply while all others are not

  • @prakashsharma1404
    @prakashsharma1404 Жыл бұрын

    As long as Japan accepts American slavery, the situation in the Japanese yen will only worsen.

  • @terminatorfluffywooo

    @terminatorfluffywooo

    Жыл бұрын

    Singapore belongs to China

  • @jjsamuelgunn1136
    @jjsamuelgunn1136 Жыл бұрын

    100 yen is lower than 1SGD now

  • @louistan7560
    @louistan7560 Жыл бұрын

    Something everyone knows.

  • @lycan39
    @lycan39 Жыл бұрын

    💴 biz hub, tax haven for West. gateway for West to East.

  • @soewin9784
    @soewin9784 Жыл бұрын

    Good to buy Japanese products @ cheaper price.

  • @oceanwave4502
    @oceanwave4502 Жыл бұрын

    This should worry Asia's stability. Because when Japan declines rapidly, they will be even more submissive to the US; thus, creating an opportunity for the US to convert Japan into 2nd Ukraine in Asia (against China). Imagine the US suggested billions of aids for Japan in exchange for hosting some nukes on Japan's territory...

  • @harukrentz435

    @harukrentz435

    Жыл бұрын

    Japan isnt that dvmb, Taiwan on the other hand though....

  • @desmond89

    @desmond89

    Жыл бұрын

    Nah nobody will be against China unless they are willing and feel threatened by China Korea and Japan and Taiwan have a mind of thier own, they aren’t dumb or ruled by dictators They will do what they feel will be a counter if there is a possible threat of Chinese expansion especially in the South China Sea and towards the asean countries

  • @rvtoyeri2975

    @rvtoyeri2975

    Жыл бұрын

    Dont worry South korea Hong kong Macau Taiwan Singapore still exist

  • @skychannel5612
    @skychannel5612 Жыл бұрын

    国債発行額が膨れ上がりすぎて、中央銀行が機動的な金融政策を取れなくなっている。 衰退著しい日本よりも、発展著しい東南アジアや中国に投資するのは、自然な流れだ。

  • @user-im7tp2os9g

    @user-im7tp2os9g

    Жыл бұрын

    間抜けな主張で草

  • @rob4197
    @rob4197 Жыл бұрын

    Why? Because Washington says so.

  • @soehtike1939
    @soehtike1939 Жыл бұрын

    japanese gdp nominal is only one fourth of china one fifth of us.

  • @hotpotato7392
    @hotpotato7392 Жыл бұрын

    There is a flotilla of entertaining clown *bots* around to captivate you. It is just a small selection from our collection of a larger fleet, these enchantresses make waves by being able to rock anyone with their tall tales, anecdotes and all that are fascinating but fictional, just for your entertainment. Ahmet Tekin Arabic Reja Arabic Ayad -Arabic Aziz- Arabic Adel Last Chang Pub Comrad Tao Wang Yang Zhao Beijing Genocide Olympic - 2022 We also have some charming bots that could also *troll* with a small range of expressions. LOL 😆 Winsdapu 😇 Huo yeh aka Gary Shephard Lastly, some are into role-playing and could play-act as a *shill.* Huo yeh aka Gary Shephard

  • @helixcrash2320
    @helixcrash2320 Жыл бұрын

    the prices of products in japan skyrockets for about 30% this is due to the weakened of YEN.

  • @cheapyx5582
    @cheapyx5582 Жыл бұрын

    Maybe Japan should open up instead of closing off to the world

  • @gothakane

    @gothakane

    Жыл бұрын

    You got your wish

  • @cheapyx5582

    @cheapyx5582

    Жыл бұрын

    @@gothakane yeah and it took almost three years. But I can wait to see my gf again and make sweet sweet love

  • @dekolbe
    @dekolbe Жыл бұрын

    dead currency