Yen went on a free fall to a 24 year low yesterday. It is the third largest fiat currency in the world. Japan is also the largest holder of US treasuries.
Yen went on a free fall to a 24 year low yesterday. It is the third largest fiat currency in the world. Japan is also the largest holder of US treasuries.
BOJ has an unlimited bond buying policy. I guess the problem is that a lot of Japan's debt/trade/holdings isn't in their own currency? I didn't really look into it yet.