The Yen is Weak. Should We Care?

The Yen is Weak. Should We Care? In late July, Japan and the United States reportedly launched a coordinated currency intervention to support the Japanese yen after it fell to a near 40-year low. The yen weakened sharply in mid-to-late July, reaching almost ¥164 per U.S. dollar after beginning the year near ¥156. That decline […]