4 ms·
JGBs being owned mostly domestically, that particular country's currency is probably not at risk unless big japanese institutions decide to close shop and retir
by pyrale 4y ago
JGBs being owned mostly domestically, that particular country's currency is probably not at risk unless big japanese institutions decide to close shop and retire abroad.
As for the Euro, it's currently at a 20-year low, if that's an answer to you. Since the balance of payment is positive, there's probably no reason to be pessimistic in the long term.
- chrisco255 4y ago> As for the Euro, it's currently at a 20-year low The Yen is at a 24 year low vs USD. The Yen is down 15.9% YTD. That is just an incredibly fast erosion and we're only halfway through the year.
- pyrale 4y ago> we're only halfway through the year. Is there a yearly pendulum that I'm not aware of? Because if not, we've also only 21% through the century, and we've barely scratched the millenium.