#ForeignExchange
Japanese Auto Lobby Wants Yen Intervention
The strong yen is putting a major crimp on auto maker profits, and now, Japan’s auto lobby is asking the government to do something about it.
Derek Kreindler
Sep 14, 2012
21
Get Your Japanese Import Now (While You Can Still Afford It)
Sometimes, strength is a weakness. Especially in currencies. The still surging Yen makes Japanese Exports expensive and unprofitable. Despite a lot of talk from their elected officials that the Yen is too high, manufacturers are thinking it will go higher. This could significantly alter the export-heavy Japanese industrial landscape. Case in point. Suzuki and a plot of land.
Bertel Schmitt
Sep 02, 2010
6
Recent Comments