Here's a concise explanation of why the Yen rose.
There's more at the site.
1 posted on
03/18/2011 3:27:48 AM PDT by
1010RD
To: 1010RD
This morning I hear that the G 7 has decided to lower the value of the yen to make exports more attractive. This will help the country’s economy in the short term.
2 posted on
03/18/2011 4:14:09 AM PDT by
Carley
(WISCONSIN STREET NO DIFFERENT THAN THE ARAB STREET. UGLY AND VIOLENT)
To: 1010RD
Several nuclear power plants?????
no need to read any past that point, convinced me they did not know much.
To: 1010RD
After a massive earthquake and a nuclear meltdown, Japan's economy is on the ropes. Enter the likes of Soros to manipulate the currency. If the Yen rises, exports fall, putting more pressure on a shocked economy. Far be it from me to blame the likes of Soros...
6 posted on
03/18/2011 5:54:49 AM PDT by
April Lexington
(Study the Constitution so you know what they are taking away!)
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