Roy's assignmentweek11 2

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Roy's assignmentweek11 2

  1. 1. Why is the Japanese Yen so strong? What is its implications for an export- driven economy like Japan? Report on the current status of the currency and what it means?
  2. 2. The Japanese yen was appointed in 1871. The name of the Japanese yen is used in an exchange market. What is Yen?
  3. 3. In the 19th century silver Spanish dollar coins were common throughout Southeast Asia, the China coast, and Japan. These coins had been introduced through Manila over a period of two hundred and fifty years, arriving on ships from Acapulco in Mexico. What is Yen? 2
  4. 4. These ships were known as the Manila galleons. Until the 19th century these silver dollar coins were actual Spanish dollars minted in the new world, mostly at Mexico City. What is Yen? 3
  5. 5. Beginning in December 1931, Japan gradually shifted from the gold standard system to the managed currency system. Determinants of value
  6. 6. The relative value of the yen is determined in foreign exchange markets by the economic forces of supply and demand. The supply of the yen in the market is governed by the desire of yen holders to exchange their yen for other currencies to purchase goods, services, or assets. Determinants of value
  7. 7. The demand for the yen is governed by the desire of foreigners to buy goods and services in Japan and by their interest in investing in Japan. Determinants of value
  8. 8. Although the currency of advanced nations is falling, the Japanese yen is rising sharply. Therefore, Only the circle is strong sharply to the dollar. Japanese Yen of Recentry
  9. 9. The reason the Japanese yen attracts attention is that there were disasters, such as an earthquake. The present Japanese yen has sense of stability very much. The reason the Japanese yen attracts attention
  10. 10. END

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