On the morning of the Brexit vote, $1 million earned in the U.S. would be 106 million yen back home. Since Friday, the dollar value of the top prize in both the men’s and women’s singles tournament, now underway, has dropped by some $350,000. Japan's challengesIn Japan, Brexit has caused the yen to strengthen more than any other major currency. Well before the Brexit, the Bank of Japan was on an unprecedented bond-buying binge. In the 24 hours after the British vote, Japan lost nearly the same amount of wealth as after the 2011 nuclear meltdown that threatened to leave a wide part of the country uninhabitable.
Source: Washington Post June 28, 2016 13:12 UTC