# The many virtues of the yen, the rich world’s cheapest currency

> An Economist column argues the yen is the rich world's cheapest currency, citing low inflation, cheap stocks and a strong international balance sheet. It notes that capital is shifting toward assets that were previously unloved, such as oil, mining and bank stocks. The piece is an opinion on currency valuation.

- Date: 2022-02-26 · published 2022-02-26T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/42938-the-many-virtues-of-the-yen-the-rich-world-s-cheapest-currency
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A cheap yen and capital rotation into commodity-linked assets could support Japanese demand for imports but has limited direct effect on feed prices. Its impact on grain markets is indirect.

## Sources

- economist.com: https://www.economist.com/finance-and-economics/2022/02/26/the-many-virtues-of-the-yen-the-rich-worlds-cheapest-currency

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.