Quote:
Originally Posted by UNaruto1990
The yen is getting higher and higher, and the US dollar in sinking, as far as I know this is not very good for the Japanese, because the exports would be more expensive and then less people will buy Japanese exports, correct me if I was wrong?
Personally I can't really get it lol...
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As for export, you are right. However, exporters are more resistant to forex risks than they used to be. We experienced 1$ = 79.75 yen back in 1995. Also, there are positive impacts. Imported goods will be cheaper, and that's good for consumers.
JPY/USD since 1989