This time, not only are those panicked Japanese companies worried, but even the Japanese government is nervous. The Finance Ministry's minister personally stated that they will form an expert group to study ways to deal with this currency crisis, and they will also use their foreign exchange reserves to stabilize the exchange rate.
But it's too late, the financial predators who have already smelled blood have launched an assault on Japanese currency.
Moreover, these seasoned speculators won't focus their actions on just one area; the actions of the Japanese government were already within their expectations.
Besides directly pouring funds to deal with the Japanese currency, they also began round after round of speculation on bulk goods such as grain, oil, and iron ore in the international futures market, which immediately struck Japan's lifeline!
Japan is an island country, and its biggest weakness is its lack of sufficient resources to support its economy and meet people's needs!
