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Japanese Yen
LONDON (Reuters) - Japan showed little concern on Saturday as the yen hit 32-month lows beyond 121 per dollar, saying the move reflected economic fundamentals and was in line with the central bank's policy framework.
Ref. https://money.cnn.com/2005/12/04/news/inter....reut/index.htm
I don't understand why this wouldn't be more of a concern to Japan honestly. I personally wouldn't want to invest in anything that is loosing it's value. That is almost like buying a tree for shade even though you know it is dying and will become less and less shade over the coming years. Generally I would invest in a young tree that would continue to produce more shade. *Does everyone like my analagy?* It just doesn't make sence to me. I hate the low value of a dollar, I couldn't imagine it as being much worse.
International Level: Politics 101 / Political Participation: 7 0.7%
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Source: cleanup
Japan govt: to spend 2 trln yen to ease strong yen impact
Local Japanese News In English
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Source: News On Japan
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Local Japanese News In English
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Source: News On Japan