Japanese currency
This query is : Resolved
madhav somani
(Querist)
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
(Expert)
31 August 2017
Well nothing like that. It is all based on demand supply forces and foreign currency reserves avaliability
madhav somani
(Querist)
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
(Expert)
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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