Japan's weak yen hindered by costly energy, raw material imports

Capital outflows compound pressure on currency along with rate gap with U.S.

20240520N yen dollar

The yen has traded weaker than 150 to the dollar in recent months. (Photo acquired by Nikkei)

FUTOSHI OGURI, Nikkei staff writer

TOKYO -- As the Japanese currency endures a prolonged slump, an often overlooked factor involves the yen selling linked to trade and the related outflow of money from Japan.

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