Sunday, March 13, 2011

Japanese Yen Rises Against US Dollar

In Tokyo, it went as high as 80.60 yen/US dollar. The highest level since last November, according to Nikkei.

Posted by arevamirpal::laprimavera at 4:05 PM
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1 comments:

market capitalization said...

BOJ has already expanded their QE program from 5 to 10 Trillion Yen (120billion), to have the scale of QE 2 in the US, they need to implement the full size 30 Trillion Yen. As the government already indebted up to 200% of GDP, they are treading a fine line going forward. Japanese corporate, government and individuals own up to 850 billion worth US Treasuries. If they need to dip into their savings for reconstruction. Keep an eye for the yield curve on US debts.

Bank of Japan Policy options

March 17, 2011 at 3:32 PM

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