The unwinding of the yen carry trade in which investors borrowed low-interest yen to place in higher-yielding assets abroad has helped to send the yen soaring (see chart).

 
  • 在套息交易中,投资人借入低息日元,并将其投资于海外高回报资产中。但是由于套息交易的平仓,促使日元上升。”(见图表)。
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