GOLDILOCKS
This article reflects more about Zimbabwe currency than the Zim Bonds my friends.
It is good that they have changed their monetary policy to a backing in gold.
This will stabilize their currency and create new monetary policies for those who exchange with them over time.
© Goldilocks
https://bbc.com/news/world-africa-68736155
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"JAPANESE Prime Minister Fumio Kishida said on Friday (Apr 5) authorities will use “all available means” to deal with excessive Yen falls, stressing Tokyo’s readiness to intervene in the market to prop up the currency."
In other words, Japan has to do what is best for their own country at this point. If it means to change monetary policies for their currency, it is going to happen.
These changes will begin to affect shipping prices around the world as Japan formulates new price pressures that will formulate new correlations between other countries' currencies going forward.
This is why it is so important to watch the water because most of our trade actually takes place because of it. New demands such as these have a way of creating a ripple effect across the waters.
This move has the potential to decouple from the dollar as the World Reserve Asset currently dominating trade relations.
Watch the water.
© Goldilocks
https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-warns-against-excessive-yen-moves-rep
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