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© 2011 AFPG7 ready to fight excessive currency moves: Japan
TOKYO©2025 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2011 AFP
11 Comments
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nath
Cough
xrc
Sure wish the yen would go up to ¥110 to a dollar.
badmigraine
I'm paid in Yen so I'm enjoying the high.
badokun
same here
michaelwhite
where the country suffering, people enjoying
The_True
i am going crazy on Ebay!!
Christina O'Neill
Currency speculators must be hard put now deciding whose lucre they should be buying or selling, oh dear what a dillemma
Mikey K
You may enjoy the high, but japanese companies with business overseas are dealing with significant loss. Japanese products are now too expensive, and what the do sell isn't worth as much when those profits are shipped home. So for now you can enjoy your salary, but when japanese companies start downsizing to maintin their bottom line profit margins, you will understand how bad this really is. Unemployment in japan will inevitably rise if this isn't taken care of. Japan isn't immune to the recession.
Perhaps largely due to its heavy dependence on western markets. If japan could find somewhere else to export its goods maybe...
badmigraine
Like I said, I'm paid in yen so I'm enjoying the high.
Serrano
Enjoy it while you can, migraine.
Christina O'Neill
In the current global financial situation the light at the end of the tunnel may turn out to be pleasure in seeing the boss coming in with a torch to bring you more work