![Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com](https://shmi.ir/wp-content/uploads/2023/11/1698882389_Yens-underperformance-likened-to-Turkish-lira-and-Argentinian-peso-By-150x203.jpg)
[ad_1] © Reuters. The Japanese yen, the world’s third most-traded currency, is underperforming, facing similar challenges as the Turkish lira and Argentinian peso over the past decade, according to George Saravelos of Deutsche Bank AG (NYSE:). Key factors such as weak yields and external accounts are pushing down the yen’s value. This year, the yen’s