BUSINESSBLOOMBERG
Yen At Historic Low Set to Hand Japan Carmakers $5.8 Billion
The Japanese yen has reached a historic low, providing Japan's carmakers with an estimated $5.8 billion benefit.
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Adjacent reporting
- Japan Used Record $73.6 Billion to Support Yen in Past Month
- Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes
- China’s EV giants are breathing new life into Europe’s ailing car industry
- Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes
- Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
- Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets