Because the Japanese government has long maintained negative interest rates, the cost of borrowing yen is effectively zero.

因为日本政府长期维持负利率，借日元的成本实际上等于零。

A large number of financiers borrow yen to make substantial overseas financial investments.

大量金融家借入日元去做大规模的海外金融投资。

The global financial industry has become heavily reliant on yen-denominated borrowing.

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