27 August 2010

Too strong yen

These days, the price of Japanese yen got increased rapidly against US dollar and euros. On Tuesday, Japanese yen marked highest rates against USD in 15 years. 83.5699 JPY / USD

I don't think the government is working good against the strong yen. I hope they will take efficient actions.

Anyway, the Japanese yen is strong against most of currencies, it might be good news for me. We can go abroad with cheaper prices under the strong yen. Also, we can buy imported things cheaper. Of course, it's not good for Japanese economy...

Thank you.
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