The dollar is still rising against yen, which is great news for Japanese exporters and visitors to Japan.
Jiji Press reports:
Tokyo, Jan. 4 (Jiji Press)--The dollar hit a fresh 29-month high above 88 yen in Tokyo trading on Friday, the first trading day of 2013 here, on the back of speculation that the U.S. Federal Reserve may end its quantitative easing program at an early time.
This is roughly the exchange rate I received when I visited Japan in December 2010.
To read the full article, go here.
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