The Japanese yen has strengthened significantly against other currencies like the US dollar, which has negative implications for Japan's export-driven economy. The value of the yen is determined by market forces of supply and demand in foreign exchange markets. Demand for the yen has increased as foreigners buy Japanese goods and invest in Japan, while supply has decreased as yen holders exchange it less for other currencies. This appreciation of the yen makes Japanese exports more expensive and less competitive internationally.

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. The Japanese yen was appointed
in 1871.
The name of the Japanese yen is
used in an exchange market.
What is Yen?

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. 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. Beginning in December 1931,
Japan gradually shifted from the
gold standard system to the
managed currency system.
Determinants of value

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. 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. 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. 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. END