The Lowest Exchange Rate Of Japanese Rate Since 1998

2022-09-05 18:00

Hello dear all, good day to you. Thank you for reading our news. Recently, the exchange rate of Japanese Yen to US dollar has been decreased seriously, which has reached 1 US dollar to 140.35 Yen.

 

The decrease of exchange rate of Yen has strongly effect the trade in jewellery, bulk commodities, electronics in Japan. Besides, with the increasing material price, Japanese manufacturer have increased the price totally.

 

But the decrease of the exchange rate of Japanese Yen bring some good effect in other way. Recently, there is an jewellery show in Japan. Although the price of the jewellery has gone up, due to the exchange rate, the price is competitive for the foreign buyer yet. Some trader said that the turnover with foreign buyer can reach 800,000RMB in one day. Every coins have two sides. The exchange rate brings advantages and disadvantages. What we can do is to accept the change and make changes according to the situation.

 

Thank you for the reading. 


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