Posts Tagged as ‘yen’

March 14, 2008

Dollar falls below ¥100 for first time in 12 years, etc

The dollar fell to ¥99.77 as the ‘Strong Yen, Weak Dollar’ phenomenon continued, breaking the ¥100 line for the first time since November 1995, reports the Asahi Shinbun today.

March 7, 2008

Yen Strengthens in Tokyo

The yen strengthened to ¥120.75~80 by 1pm in trading today on the Tokyo Currency Exchange. This after a marked movement to sell dollars and buy yen, which started in New York yesterday and was picked up over here this morning. This is the strongest the yen has been relative to the dollar in the last [...]

February 27, 2008

Why is the Yen weak?

Hideo Tamura, Special Economic Affairs journalist with Sankei Newspapers, writes (Sekai, March edition) about the state of the yen.