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The Japanese yen is rapidly losing its value against the dollar, increasing pressure on the Japanese economy as well as the yen's status as a safe haven. We investigated the Japanese enigma.
For the first time in twenty years, a dollar is worth 130 yen. Some currency specialists believe that in the short term 135 yen will have to be paid for a dollar. Mazen Issa, currency strategist at TD Securities, even sees an upward trend to 150.
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