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Japan's yen purchasing power falls by half in 40 years

UPI
July 4, 2026 at 2:20 AM
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Japan's yen purchasing power falls by half in 40 years

Japan's real effective exchange rate fell to 65.93 in May, less than half its 1986 level, making imports costlier despite cheaper tourism.

Japan's real effective exchange rate fell to 65.93 in May, less than half its 1986 level, making imports costlier despite cheaper tourism.