"There is no limit to what a man can do or where he can go if he doesn't mind who gets the credit." - President Ronald Reagan.

Buy The Amazon Kindle Store Ebook Edition

Buy The Amazon Kindle Store Ebook Edition
Get the ebook edition here! (Click image.)

Tuesday, August 23, 2016

This Is Not Good: Dollar Falls To ¥100 In Tokyo

The U.S. dollar fell to ¥100 in Tokyo trading today. This is not good news for anyone planning a trip to Japan in the near future.

According to an article in the Japan Times:
The dollar fell around ¥100 in Tokyo trading on Tuesday, hit by selling as stock prices retreated. 
At 5 p.m., the dollar stood at ¥100.10-10, down from ¥100.77-77 at the same time Monday. The euro was at $1.1344-1345, up from $1.1281-1282, and at ¥113.56-57, down from ¥113.69-70. 
The dollar moved around ¥100.30 in early trading after it was sold back by early buyers overnight following falls in European and U.S. stocks.
Hopefully, this is just a temporary re-adjustment.

To read more, go here

No comments:

Search This Blog