This is a corner where we answer economy-related questions received by Seren’s contributor, Snow White.
We received many questions about the article
“No intervention even at the exchange rate of 153 yen per dollar, the market testing the government’s seriousness” (https://www.nikkei.com/article/DGXZQOUB1111S0R10C24A4000000/)
published in the Nikkei newspaper on April 11th.
After consulting with Snow White, who had predicted on April 8th that “there is a possibility of a brake on yen depreciation,” it was decided that he would answer again.
The questions we received have been edited from multiple inquiries.
Question 1: You predicted on April 8th that “there is a possibility of a brake on yen depreciation,” but in reality, yen depreciation progressed to the 153 yen range. Why is this?
