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Tag: currency depreciation

Forget ¥160, traders see currency falling as far as ¥170 against the dollar

The Japanese yen is experiencing significant volatility, with projections suggesting it could fall to ¥170 against the US dollar. Factors include divergent monetary policies, Japan's sluggish economic growth, and global geopolitical tensions.

Philippine Peso to Extend Slump to Record Low on Rate Cut Bets

The Philippine peso is predicted to continue its decline, potentially reaching record lows, as the nation's central bank contemplates rate cuts to stimulate economic growth amidst global financial dynamics.