For starters, the Japaneseyenwas much stronger in early days of the internet (and of travel blogging) than it is now; less developed countries in Asia (such asThailand) were also a great deal cheaper. Additionally, there were fewer hotels (not to mention, fewer restaurants with English menus...
Read MoreJapan's exports still not getting a weak-yen boost While the yen's 21 percent depreciation against the U.S. dollar last year due to Abenomics - Prime Minister Shinzo Abe's radical economic reform plan - should spur greater demand for Japanese goods, any resulting demand increase has...
Reports on the weakening of the Japanese economy resulting to the lowering of the value of yen against dollar as of December 2001.Wall Street Journal - Eastern EditionLandersPeter
At the same time, they are not ready to sell as the Japanese yen remains fundamentally weak due to the ultra-dovish policy of Japan’s central bank. As a result, USD/JPY is stuck below 152.00. For a look at all of today’s economic events, check out our economic ...
Yen is weak, but tourism is not cost-effective. The Bank of England also announced a reduction in interest rates after the financial crisis. In 2008, the British Parliament read the anti-terrorism bill three. Iceland and other overseas depositors took large deposits in the UK and transferred ...
So the US benefited greatly in terms of stability from concurrently being the cause of global crisis, yet having people flee TO it, rather than AWAY from it. So when we view the dollar over the past few years versus the euro or yen (or pound) we are comparing mirror imagines of the ...
NEW YORK - As the Japanese fiscal year begins, executives with consumer electronics firms fret over the dollar's continued slide against the yen. Weak dollar jitters: Japanese unsure about price hikes More results ► Acronyms browser ? ▲ JANZ JANZSSA JAO JAOA JAOAC JAOB JAOBC JAOC JAOCS...
The rising yen and a slowdown in global demand for Japanese exports were blamed for the setback. In recent months, the government has insisted that the economy is “picking up". But it said it now expected the economy to Femain weak for some time, with “weakening" exports a chief ...
Investors will eventually lose their faith in the Japanese yen. It is a little shocking to me that they haven’t already. And when they do, the value of the yen will plummet and the prices that Japan pays for imported products and materials will soar…and will necessitate more money printi...
(Read More:Behind Nikkei’s Gains—It’s Not Just the Weak Yen) “In the second half of this year Abe’s intentions to restore nuclear power should work to narrow the trade balance and strengthen the yen,” said Callum Henderson, global head of forex research at Standard Chartered. He fo...