Oct. 15, 2022 05:48 am JST
Posted in: Yen in 147 zone against dollar in Tokyo after hitting 32-year low See in context
Tell_me_bout_it
What is with Japan and their psychological thresholds?
First it was JPY110, then 115, 120, 125, 130, 135, 140, 145...and now 150. Keep having meetings BOJ. Hope Yen becomes absolutely worthless.
Those who have lived little longer have seen
First it was JPY360 (1971), then 304 (1976), 258 (1980), 205 (1985), 152 (1990), 125 (1993), 102 (1994), 82 (1995), 142 (1998), 132 (2002), 121 (2007), 90 (2010), 79 (2012), 123 (2015), 106 (2016), 114 (2017), 104 (2020), 111 (2021)....
Japanese economy did best when JPY was between 150 - 300.