The exchange rates between the USD and other currencies can fluctuate wildly. The yen dropped a lot in 2022 and then again in 2023 against the USD. So the value of yen-denominated assets held by central banks (other than the Bank of Japan) would have declined whe...
If U.S. exports become more popular in Japan, will this cause the U.S. dollar to appreciate or depreciate against the Japanese yen? Explain. If depreciation of currency increases exports, then why was India's trade deficit increased when 1 dollar was equal to Rupees 70?