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Introduction to the Rate Hike The Bank of Japan (BOJ) has recently announced plans to increase interest rates, marking a significant shift in its monetary policy. This move is expected to raise rates to their highest level in 17 years,…
Overview of Currency Devaluation Currency devaluation refers to the deliberate reduction in the value of a country’s currency relative to other currencies in the foreign exchange market. This phenomenon can significantly impact a nation’s economy, trade balance, and international debt…