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[ Thu, Dec 19th 2024 ]: Forbes
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Japan's 2024 Stock Rally Brought Meager Returns in Dollar Terms

The article from BNN Bloomberg discusses how Japan's stock market experienced a significant rally in 2024, with the Nikkei 225 index rising by 28%. However, this impressive performance in local currency terms translated into much more modest gains for foreign investors due to the yen's depreciation against the dollar. The yen weakened by about 10% against the dollar over the year, which eroded the returns for investors holding dollars. This phenomenon highlights the impact of currency fluctuations on investment returns, where even substantial local market gains can be offset by adverse currency movements. The article also touches on the broader implications for global investment strategies, noting that while Japan's market was a bright spot, the currency dynamics significantly influenced the actual returns for international investors.

Read the Full bnnbloomberg Article at:
[ https://www.bnnbloomberg.ca/business/international/2024/12/24/japans-2024-stock-rally-brought-meager-returns-in-dollar-terms/ ]