Japan: Raising Interest Rates Is Possibly The Best Option To Halt Yen Depreciation – Analysis

By Chen Li

The significant depreciation of the Japanese yen (JPY) against the U.S. dollar (USD) has become a major concern in the current financial markets. As the USD gradually strengthens, the JPY continues to decline. Following the historic breach of the JPY 154 per USD mark on April 22 in the foreign exchange market, the...