ExchangeRate

Technology

Understanding the Exchange Rate between US Dollar and Japanese Yen

Factors Influencing the USD/JPY Exchange Rate The exchange rate between the US dollar (USD) and Japanese yen (JPY) is determined by various factors. Some of these factors include: Economic indicators: The economic indicators of both the United States and Japan play a crucial role in determining the exchange rate between the USD and JPY. Indicators such as inflation rates, gross…