Experts say it has become the best preferred currency ever since the early Yen's rapid donation at the beginning of 2018 - and there is room for more strengthening.
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Analysts have expressed their doctrine in different ways. "We see further room for JPY (Japanese yen) appreciation," Morgan Stanley analysts wrote in a report last week. They expect the U.S. dollar to trade at 101 yen by the final quarter of the year, down from 112.64 yen at the start of 2018.
Japan, the world's third largest economy, posted its fourth quarterly growth in three months to December 2017 - the longest stretch of expansion in nearly 30 years. Therefore, Japan is a very strong state in the global economy.more details click here
## Yen Nee Lee
Correspondent
