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Falling yen making Japan a precipitously poorer place

Summary by Ground News
Japan's terms of trade worsened for nine consecutive quarters after the second quarter of 2020. The rise in commodity prices was due to both the recovery of the global economy from the Covid-19 pandemic, and the supply shock stemming from Russia's invasion of Ukraine. The depreciation of the yen resulted from the United States and Europe pursuing monetary tightening policies.
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