Many ordinary Japanese workers are investing any extra funds in U.S. dollar and other investments. Why?

Question

Quizplus · Accepted Answer

Japanese interest rates have been very low for many years, and even negative at times. This means that any investment in Japan would not yield a high return. By investing in U.S. dollars or other foreign currencies, Japanese workers can take advantage of higher interest rates in other countries. Additionally, if the Japanese yen were to appreciate, it could offset any gains from the interest rate differentials.

Many Ordinary Japanese Workers Are Investing Any Extra Funds in U.S