Pay raise for Xmas vacation: 111 yen / $1!

[Taro Toporific]

Dollar falls to low of 111 yen in Tokyo morning deals
(Kyodo) Sept 22 / TOKYO - An electric board at a money broker in Tokyo shows the dollar trading in the 112 yen level on the morning of Sept. 22. The dollar temporarily plunged to the lower 111 yen level for the first time since December 2000.

[ramchop]

Looks like I moved here from the wrong country.

New Zealand Dollar


59yen to 72 yen in less than a year.

maybe it's starting a slow crawl in the right direction.

[Taro Toporific]

Looks like I moved here from the wrong country.

59 yen to 72 yen in less than a year.

maybe it's starting a slow crawl in the right direction.

OUCH!

For a family on a short term contract that must hurt. You could always invest in the Japanese stock market rather than getting hit by the bad exchange rate....

Tokyo stocks plunge in afternoon, Nikkei below 10,600
TOKYO Sept. 22 Kyodo - Tokyo stocks tumbled Monday afternoon, with the key Nikkei index sliding by more than 400 points below 10,600 on plunges in export-oriented auto and technology issues due to a rising yen.

At 1:04 p.m., the 225-issue Nikkei Stock Average dropped 404.07 points, or 3.69%, to end the morning at 10,534.35. The broader Tokyo Stock Price Index (TOPIX) of all First Section issues on the Tokyo Stock Exchange (TSE) lost 27.19 points, or 2.54%, to 1,042.84.