Japanese yen hits 34-year low

Vistiting japan and spending money there is like getting 30% off on everything.

People only have babies , bills and living pay check to paycheck in this world now no retirement, no pension,no social security.

I'm so glad I get paid not in yen. Else living in Japan would be costing me a lot more.

Almost HALF of value dropped in the last 4 years.
best time to invest in JAV Idols. . . .

"Workers have expressed hope that wages will rise steadily alongside expected inflation"
HAAAAAAHAHHAAHAHAHAHAA. No. Greed has taken over all across the world. Wages don't rise anymore .

A weak yen will hurt Japanese investment leaving Japan and imports coming into Japan will be more expensive, especially oil and energy.
But a weak yen will make foreign investments, tourism, and exports from Japan more competitive to foreign businesses and customers.
A double edge sword.
China has benefited but also suffered from a weak yuan for decades making their exports more competitive to the world.

The Plaza Accord was designed to help Japan's export sector by devaluing the yen relative to other major currencies. The decision to devalue the yen was based on economic factors including a slowdown in growth, rising inflation and high public debt levels. It was hoped that this would encourage foreign investment into Japan, which would help revitalize its economy.
The Plaza Accord backfired~

The price of being a US protectorate

That’s nothing compared to the inflation rates of Pakistan where there is 40% currency devaluation per
Whereas they at 2.8%

before Plaza Accord yen was 250Yen to USD

2 words: Plaza a-...

Sell US dollars to prop up yen btw when NO countries hold inflationary USD then it would be worthless right

The problem about comparing yen to the dollar is that the dollar has decreased in value significantly as well. $100 US dollars in 1994 is worth $214 dollars in 2024. 114% decrease in value. This means the yen is also worth less than half of what it did in the mid 90’s.

Thanks for this news 😅😢😢🙏

Reason why is because they didnt go with the inflation prices that happened everywhere. This is the cost from it.

This demise was a making of its own...

This made my day

Being a stooge of US can bring consequences

Even though exports are doing well. But imports are f-ed, AI technologies (chips, GPUs) and even foreign tech talents needed for competition will be very expensive for Japan.

Cheaper yen and cheaper wages...

Great news….now we can do more in Japan with cheaper prices 😊 as a tourist

Does ¥1 equals 1-rupy-rupy?
Can you exchange rupy-rupy against other currency in
👉🏼other👈🏼 countries?
Or only in little-India?

まあ円安になったら輸出産業でチャンスが出てくるだけ。何事も悲観的にならず、チャンスを探っていきましょう。

Is this a result of Japan's Central Bank recently changing from a negative interest rate to a positive one?

옛날에는 앤고가 장난 아니었는데

Japan is a US colony and it has never recovered from the Plaza Accords.
They intentionally destroyed themselves.

I was in Japan last month and it is a great time to visit. Beautiful country ❤

while half of the world busy making bilateral agreement to trade without USD, Japan is doomed to use USD forever. the only country in Asia that still under colonialism is Japan

world: work smart, not hard
japan: work harder, not hard

Economics is so difficult, we need a super computer as an economist!

so many people in japan already invest in US index or something. im ok with my country but i dont trust economics and politician. USD is way more trustable to me.

Malaysia: First time?

Not surprising. It's not a coincidence that all the slavish countries tied to the US at the hip as allies haven't seen GDP per capita growth for 10-30 years i.e. Australia, Canada, UK, Japan, etc.

Hike it to 1%.

Ironically, the influx of tourists who are taking advantage of the cheaper yen may had exacerbated the inflation issue

Me on thirld world country : first time?😅

Time to travel to Japan!!

158

let it drop so increases tourism and exports

So can I afford to buy Gunpla now?

2 percent won't happen as the item craters the Japanese should be buying inflation hedges with whatever discretionary income they have now

Buy yen and keep.

Western shoppers don't compare to the mainland China shoppers.

Oh, that's really bad for Japanese. But I'm so happy, I can visit Japan with minimum budget 😊😊😅

Time to visit japan

Poisened by the close relationship with the us. They have Stockholm syndrome.

The competitiveness of Japanese manufacturing industry is getting worse and worse.

What the use of Japanese yen pegged to the dollar?

This is what they want btw, they are a vassal state

On menu😊

The biggest issue is they are too reliant on USD. Most businesses, export, imports, etc are done in Yen and USD, but they hold so much USD.
There is very little need for Yen except for its population. However, the population is declining and birth rate is low so there isn't enough people to use and need Yen.
This will continue to be a problem unless there is more value and use for Yen.
On top of this, U.S prints so much money which causes global inflation. If any country prints as much money as U.S, their economy would collapse like Venezuela.
However, USD is unique since it is considered the global currency so U.S can export the inflation to other countries globally. The more countries and business that buys USD, the less U.S will see the impact of inflation.
Even exporting inflation globally, U.S is still experiencing hyper inflation so you can see how much money they print.
Now with Japan, holding so much U.S debt and using USD so much. The only way to not let the money the lent to U.S become worthless is to buy more USD to offset U.S inflation.
This essentially reduces U.S inflation and increases Japan's inflation in which they have don't have much other choices.

I’m a tourist in Japan right now. Oh the savings! I bought so much Pokemon merchandise that would have cost me an arm and a leg back in the US!

the yen is gonna go up big time in the weekend. Sell usdjpy!

Changes to the economy are mainly made in the physical world. Playing around with numbers won't change that.
So the solution to this is also in the physical economy and they will have to find ways to add more physical value to the economy and do so in a constructive and planned manner instead of tweaking the numbers in the hope to make it easier for investors to squeeze even more wealth out of your economy and then not re-invest that inside the country. If that happens you will see a boost in the short time but a major decline in the medium to long term.

Meanwhile, Go-bar holds more value than Rupee 🙄

SODESKA!

Bitcoin fixes this that is currency debasement

i think japan need to use any curency to make yen more stable ,japan need to learn from usd how to increase and struggle it cause japan struggle for a long time ,even they value if comvert to my ringgit malaysia its cheap price but japan smart they up they salary make it more value that my country payment at working under 4 thousand ringgit if yen they can cover more that 4 thousand ringgit its enough for development country like japan and my country also have weak value of money if compare to yen ,ringgit is more weak so japan just lucky a littloe bit

the golden age for weebs is here.

It's right time to Sign as much as possible Japanese Football player + coach and Volleyball player to Asean 🥳 . Come on Thai Leagues , do your job .

😂

🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸

Japan is having a population crisis, can I work as a JAV film actor?

日本要凉

한국사람들 작년 일본 방문객 676만명. 가면 모하나. 숙박비 등 제반 비용 비쌈.

World doesn't need Japan.

Because of downfall of economy their yuan also going down

As of march 2024, the chinese dollar is worth 0.14 of the US, and is almost useless for foreign trade and investment due to the CCP's policys like anti-esponage law, which has all but removed foreign captial in China

Ni hao ma 🙏🙏🙏
Here in the *Great CCP* 🇨🇳, Factories, Investors and foreign companies *leave us* for other countries. All thanks to *Xi Jinpooh*

Needs Indian migrants to help fix economy

Fiat currency has had its day and is dying,buy bitcoin

Buy bitcoin before your poor

Welcome to the effects of "The Limits To Growth 1972 by Massachusetts Institute of Technology (MIT)"
Spread the word, sustainably eat the rich

CIA plot

888

gbp/JPY trade made me more than 2000 euros because japans economy weak af hahahhahaha