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JAPAN NEWS AND DISCUSSION

G7 ready to fight excessive currency moves: Japan

Politics Aug. 08, 2011 - 03:56PM JST ( 11 )

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11 Comments

0

JapanGalAug. 08, 2011 - 10:16AM JST

Cough
1

xrcAug. 08, 2011 - 11:07AM JST

Sure wish the yen would go up to ¥110 to a dollar.
2

badmigraineAug. 08, 2011 - 11:29AM JST

I'm paid in Yen so I'm enjoying the high.
0

badokunAug. 08, 2011 - 12:01PM JST

same here
0

michaelwhiteAug. 08, 2011 - 12:10PM JST

where the country suffering, people enjoying
1

The_TrueAug. 08, 2011 - 12:36PM JST

i am going crazy on Ebay!!
0

Christina O'NeillAug. 08, 2011 - 08:59PM JST

Currency speculators must be hard put now deciding whose lucre they should be buying or selling, oh dear what a dillemma
1

Mikey KAug. 08, 2011 - 09:46PM JST

You may enjoy the high, but japanese companies with business overseas are dealing with significant loss. Japanese products are now too expensive, and what the do sell isn't worth as much when those profits are shipped home. So for now you can enjoy your salary, but when japanese companies start downsizing to maintin their bottom line profit margins, you will understand how bad this really is. Unemployment in japan will inevitably rise if this isn't taken care of. Japan isn't immune to the recession.

Perhaps largely due to its heavy dependence on western markets. If japan could find somewhere else to export its goods maybe...
0

badmigraineAug. 08, 2011 - 11:04PM JST

Like I said, I'm paid in yen so I'm enjoying the high.
0

SerranoAug. 08, 2011 - 11:13PM JST

Enjoy it while you can, migraine.
0

Christina O'NeillAug. 08, 2011 - 11:34PM JST

In the current global financial situation the light at the end of the tunnel may turn out to be pleasure in seeing the boss coming in with a torch to bring you more work