Japan is currently experiencing a historic depreciation of the yen.
Nevertheless, there is not much public interest in the exchange rate.
Despite this, public interest in the exchange rate is not very high,
Japan’s geography may have something to do with this.
Japan is separated from other countries by the sea,
Japan is separated from other countries by the sea, so we are usually unaware of national borders.
The only currency in circulation in Japan is the Japanese yen.
However, in many parts of the world,
bordering neighboring countries on land.
From the Japanese point of view,
Japanese people tend to think that borders are well protected.
However, in many parts of the world, borders are strictly protected,
However, with the exception of some war zones, it is not uncommon for local people to
However, with the exception of some conflict areas, it is quite common for local people to travel back and forth between each other’s countries on a regular basis.
It is just like “crossing the border between prefectures” in Japan,
It is a common practice for people to cross borders
It is a common sight in Japan.
If you go to “that country,” you will naturally use the currency of that country for your purchases.
currency of the country where you are going,
currency, so you will be familiar with the exchange rate. In this environment,
“You will have more than one kind of currency.
When the local currency appreciates, exchange a little more money
When the local currency appreciates, we exchange a little more money.
In any case, the fact remains that currency exchange has a great impact on our lives.
The fact remains that currency exchange has a great impact on our lives.
In fact, not everything about a weak yen is bad.
There are both advantages and disadvantages to everything.
The biggest disadvantage of a weak yen is that it makes imports more expensive,
Imported goods become more expensive.
Japan relies on foreign imports for much of its food, raw materials for products, and fuel.
Japan relies on imports from overseas for food, raw materials for products, and fuel. When the yen depreciates
directly reflected in the prices of goods.
On the other hand, there is a benefit,
Japanese exporters can benefit from a weaker yen.
The weak yen also attracts many foreign tourists to Japan.
It is also true that the weak yen attracts many foreign tourists.
However, the fact that foreigners are attracted to Japan
However, the fact that foreigners are attracted to Japan by the low price of the yen means that the purchasing power of the Japanese yen is declining,
the purchasing power of the Japanese yen is declining.
This means that the purchasing power of the Japanese yen is declining,
I am not happy about it.