Ask Question
HistoryHistory
30 December, 09:34

1. Why did the yen carry trade work during the early 2000s?

+5
Answers (1)
  1. 30 December, 09:56
    0
    Interest rate was almost Zero.

    Explanation:

    In the early 2000s, the interest rate of Japanese Yen was almost zero. That's why many Japanese businesses started to borrow Japanese Yen and started investing in the US treasury bills. In that time, the interest of the US treasury bill was 3-4%. Because of this reason, Yen Carry trade worked in the early 2000s.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “1. Why did the yen carry trade work during the early 2000s? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Explain how the guillotine was an effective means of execution
Answers (1)
Eastern European country • Capital city of Kiev • The Black Sea is located to its south • Was once part of the Soviet Union . What country is being described? A) Germany B) Poland C) Russia D) Ukraine
Answers (1)
Which of the following quotes would an early Colonial use in support of revolting from England? Question 3 options: We disagree with your treatment of the Native Americans No taxation without representation We hate soccer The ideals of Colonial
Answers (2)
Say s message from quarintine
Answers (1)
Which statement is the most accurate explanation of the information on the graph? Unemployment rates rise and fall in predictable patterns. Unemployment will never again be as high as it was in 2010.
Answers (1)
New Questions in History
Why were the theories of Isaac Newton considered revolutionary at the time? He used calculus to show that gravity has little affect outside Earth's atmosphere. He used new technology to assemble a telescope that confirmed that planets orbit the sun.
Answers (1)
What civilizations began about 440 years before the new kingdom period began in Egypt
Answers (1)
Which is an example of an idealogical party? A.) the greenback party B.) the free soil party C.) the states' rights party D.) the socialist party
Answers (2)
Which statement describes the policy of deterrence that the United States adopted after World War II?
Answers (2)
Is it true or false? Although possessing very different cultures and different physical features, it is likely that Neanderthals and Homo sapiens did interbreed to some extent.
Answers (1)
Home » History » 1. Why did the yen carry trade work during the early 2000s?
Sign Up Forgot Password?