- 5 Feb 2005
- 7,556
- 617
- 193
Okay, this isn't really news (how ever it is in the news a lot) but more a question.
I know that the Japanese economy is doing very well the last couple of years, and is getting more and more stable. Have a look at these threads:
Economy Is Improving in All Nine Regions, Bank of Japan Branch Chiefs Say
Japan's Economy to Keep Growing, BOJ Studying Prices, Governor Fukui Says
Future is bright for the land of the rising growth
Business confidence 'up in Japan'
Japan Economy Grows 3.3%, More Than First Estimate
But...
What is up with the YEN? Can anyone tell me why the yen is this low? I read something vagually about the "Bank of Japan" and interest rate, but I have not a lot of knowledge about economy. I am eager to learn about it though, so is there anyone who can explain to me a little bit more why the yen is this low, and how it can rise?
I know that the Japanese economy is doing very well the last couple of years, and is getting more and more stable. Have a look at these threads:
Economy Is Improving in All Nine Regions, Bank of Japan Branch Chiefs Say
Japan's Economy to Keep Growing, BOJ Studying Prices, Governor Fukui Says
Future is bright for the land of the rising growth
Business confidence 'up in Japan'
Japan Economy Grows 3.3%, More Than First Estimate
But...
What is up with the YEN? Can anyone tell me why the yen is this low? I read something vagually about the "Bank of Japan" and interest rate, but I have not a lot of knowledge about economy. I am eager to learn about it though, so is there anyone who can explain to me a little bit more why the yen is this low, and how it can rise?