To: Red Badger
When the ratio is about 100 to 1, it makes valuation of Japanese products easy. You can think of a Yen being like a penny.
9 posted on
07/01/2026 12:53:40 AM PDT by
UnwashedPeasant
(The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism. )
To: UnwashedPeasant
When the ratio is about 100 to 1, it makes valuation of Japanese products easy. You can think of a Yen being like a penny. That is about the rate around which USD/JPY was hovering when I was there for a while in the mid-90's. You are correct; it made it easier to estimate everything in dollar terms, but it would have been great to have a USD/JPY rate of 162 like it is today since I was being paid in USD while working there for my US-based employer.
11 posted on
07/01/2026 3:27:37 AM PDT by
American Infidel
(Instead of vilifying success, try to emulate it)
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