Japanese currency

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madhav somani (Querist)
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31 August 2017 why Japanese currency is at minimum as compare to other currency..whether price of currency at low help in increasing export.......who it benefites to Japan

vaibhav singhi

vaibhav singhi (Expert)
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31 August 2017 Well nothing like that. It is all based on demand supply forces and foreign currency reserves avaliability

madhav somani

madhav somani (Querist)
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31 August 2017 but if you see the currency price that is between USA and Japanese yen 1 USD $ = 110.52 ¥.......you see japan is developed country.......is it benefited to Japan export or not as Japan current a/c is positive

Amol S Joglekar

Amol S Joglekar (Expert)
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09 November 2017 not that way as such..... try to follow "yen carry trade"...may be you will get the answer.

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