CA Day celebration 2024 Easy Office
LCI Learning

Japanese currency

This query is : Resolved 

31 August 2017 why Japanese currency is at minimum as compare to other currency..whether price of currency at low help in increasing export.......who it benefites to Japan

31 August 2017 Well nothing like that. It is all based on demand supply forces and foreign currency reserves avaliability

31 August 2017 but if you see the currency price that is between USA and Japanese yen 1 USD $ = 110.52 ¥.......you see japan is developed country.......is it benefited to Japan export or not as Japan current a/c is positive


09 November 2017 not that way as such..... try to follow "yen carry trade"...may be you will get the answer.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query