2013 China Fashion Forum: Buyers Activate The Brand (Three)

The Japanese Yen Plunged 6% Days In Two Days, And Has Depreciated By 16% This Year.

Influenced by the ultra loose monetary policy of the BoJ, the yen plunged sharply after the RMB exchange rate, depreciated by about 6% on the two day, and has depreciated by 16% this year. Citigroup said that the yen was still under pressure of depreciation, and suggested that the public should not change yen at present. Why does the Japanese yen depreciate so that we should go and see how the investors react to the devaluation of the yen.