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yen expensive) or Endaka Fukyo (Japanese: 円高不況, lit. yen expensive recession) is a state in which the value of the Japanese yen is high compared to other currencies. Since the economy of Japan is highly dependent on exports, this can cause Japan to fall into an economic recession. The opposite of endaka is en'yasu (Japanese: 円安, lit ...
After World War II the United States-administered Okinawa issued a higher-valued currency called the B yen from 1946 to 1958, which was then replaced by the U.S. dollar at the rate of $1 = 120 B yen. Upon the reversion of Okinawa to Japan in 1972 the Japanese yen then replaced the dollar. In light of the dollar's reduction in value from ¥360 ...
The weak yen was once a cause for celebration for Japanese companies, as they could sell cars and cameras cheaper abroad and enjoyed fatter profits when earnings were brought home. After years of ...
The weak yen was once a cause for celebration for Japanese companies as it meant they could sell cars and cameras cheaper abroad and saw fatter profits when earnings were brought home. These days ...
The Japanese yen fell past the psychological 135 line to levels against the U.S. dollar last seen in October 1998. The Bank of Japan and the Japanese government on Friday gave a rare joint ...
The ¥1,000 note is currently the lowest value yen banknote and has been used since 1945, excluding a brief period between 1946 and 1950 during the Allied occupation of Japan. The sixth series (series F) notes are currently in circulation and are the smallest of the three common bank notes.
The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar.
The Lost Decades are a lengthy period of economic stagnation in Japan precipitated by the asset price bubble's collapse beginning in 1990. The singular term Lost Decade (失われた10年, Ushinawareta Jūnen) originally referred to the 1990s, [1] but the 2000s (Lost 20 Years, 失われた20年) [2] and the 2010s (Lost 30 Years, 失われた30年) [3] [4] [5] have been included by commentators ...