The last time I was in Japan, I was getting about 115 yen for each of my American dollars. Today, the exchange rate hasfallen to 90 yen per dollar.
My next trip to Japan is going to cost more but what matters to us as investors is thatJapanese exports — Toyota, Sony, Komatsu — will be more expensive tonon-Japanese buyers.
- Meet the new Japanese Prime Minister 68-year old Taro Aso is the new Prime Minister of Japan. Aso will make economic recovery his top priority and...
- Japan auto sales drop 28% Japan exports millions of cars but the Japanese themselves are big car buyers too. At least they were. Domestic sales...
- Japanese exports fall For the first time in five years, Japanese exports fell in June. That’s bad news for export-dependent Japan, who unlike...
{ 0 comments… add one now }