TITLE

The Yen Carry Trade

AUTHOR(S)
Humpage, Owen F.
PUB. DATE
February 2007
SOURCE
Economic Trends (07482922);Feb2007, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the yen carry trade system in Japan. International investors borrow yen at low Japanese interest rates and invest the funds in higher yielding. It is stated that the Australian dollar, the New Zealand dollar and the British pound are the common target currencies for the said trade. According to the author, the carry-trade capitalists are exposed to the risk of foreign exchange. He emphasizes that persistent trade gain is an economic anomaly.
ACCESSION #
25026632

 

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