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Wednesday, August 10, 2011

Yen Still Rising Against The Dollar


It appears that the intervention by Japan did nothing to stop the continuing rise of the yen against the U.S. dollar.

The Daily Yomiuri posted this on Twitter this morning:

Yen still climbing in Tokyo today. Dollar being quoted at 76.75-80 yen a few minutes ago at 4:09 p.m.


This does have a silver lining.

If members of G-TOUR 2 didn't spend all of their money on the tour, they will be able to buy back more dollars when they exchange their yen before heading home.




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