📚 Learning Guide
Foreign Exchange Market Dynamics
hard

How would an increase in Japanese stock market returns likely affect the exchange rate of the Yen?

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Learning Path
Learning Path

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Choose the Best Answer

A

The Yen appreciates due to increased demand from investors.

B

The Yen depreciates as investors sell their Yen to buy stocks.

C

The Yen remains stable since stock market performance does not influence currency.

D

The Yen fluctuates only if the Bank of Japan intervenes.

Understanding the Answer

Let's break down why this is correct

Answer

When the Japanese stock market has higher returns, it often attracts more foreign investment. Investors from other countries want to buy Japanese stocks to benefit from these gains, which means they need to exchange their currency for Yen. This increased demand for Yen generally causes the value of the Yen to rise compared to other currencies. For example, if a foreign investor wants to invest in a profitable Japanese company, they will buy Yen to purchase the stocks, which helps strengthen the Yen's exchange rate. Therefore, an increase in stock market returns usually leads to a stronger Yen in the foreign exchange market.

Detailed Explanation

When the stock market does well, more investors want to buy Japanese stocks. Other options are incorrect because Some might think that selling Yen to buy stocks lowers its value; It's a common belief that stock performance doesn't affect currency.

Key Concepts

Foreign Exchange Market Dynamics
Investor Behavior
Currency Appreciation
Topic

Foreign Exchange Market Dynamics

Difficulty

hard level question

Cognitive Level

understand

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