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JPYRUB

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--%
1d
1w
1m

Analysis and statistics

  • Open
    54.4702$
  • Previous Close
    53.5844$
  • 52 Week Change
    --
  • Day Range
    0.89$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

JPYRUB.FOREX represents a currency pair in the foreign exchange market (FOREX), specifically the Japanese Yen (JPY) against the Russian Ruble (RUB). It indicates the exchange rate, or how many Russian Rubles are needed to buy one Japanese Yen. Fluctuations in this pair are influenced by various economic factors affecting Japan and Russia, including interest rates, inflation, political stability, and trade balances. Investors and traders use JPYRUB.FOREX to speculate on these relative currency valuations with the goal of profiting from anticipated movements.
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Factors

JPYRUB.FOREX represents the exchange rate between the Japanese Yen and the Russian Ruble. Interest Rate Differentials: Higher interest rates in Japan or Russia generally attract foreign investment, impacting currency demand.

Geopolitical Risks: Political instability in either Japan or Russia can weaken their respective currencies.

Commodity Prices: Russia's economy relies heavily on commodity exports. Fluctuations in oil or gas prices affect the Ruble.

Economic Growth: Stronger economic growth in Japan or Russia can lead to a stronger currency.

Central Bank Policies: Actions taken by the Bank of Japan or the Central Bank of Russia directly influence currency values.

Global Risk Sentiment: In times of uncertainty, investors may flock to safer currencies like the Yen, impacting JPYRUB.

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