The yen has consistently weakened to a 34-year low against the dollar, sparking concerns about its impact on Japan's economy and stock market. While the depreciating yen has initially boosted Japan's stock market—especially benefiting major manufacturers whose overseas earnings increase in yen terms—the ongoing weakness is raising alarms. The Topix Index, heavily influenced by transport equipment and electrical machinery companies, showcases this growth, but the question remains: How low can the yen go before it does more harm than good?
Posted: 2024-04-24 15:11:50.000000