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-0.00237880496054101 -0.00237880496054101 -0.00237880496054101 -0.00237880496054101 -0.00237880496054101 -0.00237880496054101 -0.00237880496054101 0.0019729425028187
Stock impact report

Japanese Companies Struggle With Yen's Continued Weakness [Yahoo! Finance]

JAPAN AIRLINES UNSP/ADR (JAPSY) 
NASDAQ:AMEX Investor Relations: jal.com/en/investor/index2.html
Company Research Source: Yahoo! Finance
Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy Treasuries Rally With Fed Not as Hawkish as Feared: Markets Wrap The yen briefly crossed the 160 to the dollar level earlier this week. It has since gained to 156.22 yen after suspected intervention. Traditionally, exporters welcome a weaker yen as it boosts income from exports paid for in dollars and other foreign currencies. Companies that mostly rely on the domestic market or depend heavily on imports suffer from higher costs. But the currency's sustained decline has made planning difficult for all firms. “The benefits of a weaker yen are less obvious than in the past,” said Canon Inc.'s Senior Managing Director Minoru Asada on April 24. The company gets about 78% of its revenue fr Show less Read more
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