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The Japanese yen continued its freefall after Japan approved a bigger-than-expected stimulus and after a report showed that inflation remained stubbornly high in October. The USD/JPY exchange rate was trading at 157.18, a few points below this week’s high of 157.73. Japan passes a big stimulus package  The USD/JPY exchange rate has been in a

The Indian rupee rose modestly on Monday as investors rushed to buy the dip, hoping that the Reserve Bank of India (RBI) would intervene. The USD/INR exchange rate dropped to a low of 89.15, down from last week’s high of 89.70. Why the Indian rupee is plunging  The Indian rupee has been in a strong

The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has remained this year. Zimbabwe pledges not to abandon the US dollar  The Zimbabwe ZiG currency was unchanged after President Mnangagwa announced that

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