The skirmish between North and South Korea had one effect that I am pleased with. The U.S. dollar rose in value against the Japanese yen to a level not seen since October 5.
Bloomberg.com reported:
The dollar advanced to 83.93 yen from 83.60 yen, after earlier touching 83.96 yen, the strongest since Oct. 5.
Although this is a little better, it is still not at the exchange rate I received the last time I went to Japan. In April 2007, the last time I went to Japan, the exchange rate was at 116 yen/dollar.
No comments:
Post a Comment