Japanese currency the basic unit of currency used in Japan
of monetary, international, and development economics until 2004. His book Princes of the Yen (2003) is the seminal work on the Bank of Japan, and in New Paradigm in Macroeconomics (2005) he warned about the impending collapse of the British banking system. Professor Werner has been voted a top economist
Monetary policies in the first half of the 2000s led to the yield curves in most major economies becoming flat or inverted. As a result, the scope for funding carry trades narrowed down to the Japanese yen and the Swiss franc. By early 2007, it is estimated that US$1 trillion was staked on the yen
This should have the spin-off benefit of weakening the yen, the current strength of which is undoubtedly crippling Japanese export trade.
By Stuart Thomson
in 2013 were on average lower than the levels seen in 2012. Nick Danev and Mark Yeandle Z/Yen Group, on behalf of the Qatar Financial Centre Authority The Global Financial Centre Index (GFCI) provides profiles, ratings and rankings for 83 financial centres, drawing on two separate sources of data
By Nick Danev and Mark Yeandle
Definitions of ’yen’ and meaning of ’yen’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’yen’ and other financial terms with our online QFINANCE Financial Dictionary.