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Within 1945–1946: the rate tanked to 50 yen to the USD because of the ongoing inflation. During the first half of 1946, the rate fluctuated to 66 yen to the USD and eventually plummeting to 600 yen to the dollar by 1947 because of the failure of the economic remedies. Eventually, the peg was officially moved to 270 yen to the dollar in 1948 ...
The greenback hit 128.97 yen, the highest since May 2002. It was last up 1.5% at 128.94 yen. U.S. dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference
The yen is at risk of weakening further against the dollar for at least the rest of 2022, more than two-thirds of economists polled by Reuters said, underscoring the consequences of the Bank of ...
The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening while a global equities index rose on Friday as investors eyed U.S ...
For example, an interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for US$1 or that US$1 will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141.
The Japanese Yen is an exception to this rule because of its worth against the US dollar being 0.01. [7] If the NZD/USD spot is trading at 0.8325 and the NZD/USD 1-year forward contract is traded at -270 pips, the outright 1-year forward is priced at 0.8055 (0.8325 - 0.0270).