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Why does the yen weaken? How is the exchange rate determined? A thorough explanation of the mechanism behind the daily fluctuating "foreign exchange rate"

Summary by toyokeizai.net
What factors drive the exchange rate, which changes 24 hours a day on weekdays? To put it simply, it is determined by "supply and demand." Supply and demand is "demand" and "supply." In general, the price of something increases when there are many people who want to buy it.
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toyokeizai.net broke the news in on Wednesday, May 7, 2025.
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