Edgar Ortiz
Edgar Ortiz has a degree in Law from the Francisco Marroquín University. He holds a master in Austrian Economics at the Rey Juan Carlos University in Madrid. He is the executive director of the Center of Economic and Social Studies (CEES). He is a professor of economics at the Francisco Marroquín University, and he is also an analyst on issues related to the situation at Canal Antigua. He works as an associate lawyer at Estudio Jurídico Rivera.
In short, we pointed out that the depreciation of the yen was due to an increase in the monetary supply in Japan. This increased supply made it less profitable to hold the currency, and as a result, market participants increased their short positions on the yen against a backdrop of increasing dollar strength.
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The exchange rate in Japan has settled around 123.70 yen per US dollar. [1] When quantitative easing (QE) was launched in Japan in April 2013, the Japanese yen (JPY) was trading at around 95 yen per USD.
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