December 16, 2015

Yen depreciation against the US dollar 30 per cent since 2013



 
Japanese Katsu Curry Meal copyright peter hanami 2007
Picture: Japanese Katsu Curry Meal





“since December 2013, when Shinzo Abe was elected…on a platform of spurring inflation by weakening the yen, its US government debt holdings have risen $US113.2 billion…The yen declines 30 per cent in value to 119 per US dollar”



Source: Japan talks US debt holder crown by Kasia Klimasinka and Daniel Kruger, Australian Financial Review, Friday April 17th, 2015, page 29.



japan, japanese, consumer, customer, yen, deppreciation, currency, valuation, statistics, US, dollar, trend, www.japaanesecustomer.com, @jcustomers, #japan, #customer

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