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To: mojito

And not by coincidence, the Yen is the only currency dropping against the dollar.


3 posted on 05/20/2009 9:08:31 AM PDT by gondramB
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To: gondramB
And not by coincidence, the Yen is the only currency dropping against the dollar.

??? It's below 95 yen per 1 US dollar (94.47). When I moved to Japan it was about 130 yen per 1 US dollar (in 1999).

A strong yen is bad news for exports to the US.

19 posted on 05/21/2009 2:18:27 AM PDT by altair (My vote didn't count, I voted in California)
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To: gondramB
And not by coincidence, the Yen is the only currency dropping against the dollar.

No, the yen is very strong against the dollar, near record levels; the daily BOJ number is that it only takes 94.76 yen to buy one dollar.

20 posted on 05/21/2009 3:51:00 AM PDT by snowsislander (NRA -- join today! 1-877-NRA-2000)
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