Why the yen is so weak?
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Why the yen is so weak?

The Japanese yen has fallen nearly 12% against the US dollar since the beginning of 2022 to its lowest level in twenty years to trade around 128.70. It also fell 7% against the euro, 7% against sterling, 15% against the Australian dollar, 12% against the New Zealand dollar, and 11% against the Canadian dollar, making the yen the worst-performing currency in the G-10 currency of this year, but before finding out the economic reasons behind this massive decline in the yen value, let’s take a quick look on the Japanese economy which has a special nature.