Thursday, November 20, 2014

Currency War!

The value of the Yen continues to fall against the dollar, reaching 118 Yen to the U.S. Dollar. "This is a seven-year low for the currency, which continues to tumble and has lost more than 30% of its value against the dollar since the start of 2012," according to the Business Insider. This is what Japan wanted--lower prices to spur their manufacturing and export sector.

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