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Hajime WATABE
Principal Economist
Equilibrium Exchange Rate
2021Q4: JPY NIKKEI EER 106.7 against USD
The actual market rate 113.7 yen, lower than the EER
2022/05/23
The NIKKEI equilibrium exchange rate (EER) of the yen against the US dollar in the October-December period of 2021, calculated by Nikkei and the Japan Center for Economic Research, appreciated by 1.1
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