| NJ5 said: 3- The Japanese government or central bank will probably intervene at some point to prevent the Yen to strengthen any longer... Japan is an export-dependent economy, and all of their exporters are suffering due to the Yen's strength. However it's uncertain whether it would be much up from the current level. |
Could you run that one by me again, I'm not very good at economics.
The way I see it
The strength of a country's economy is a reflection of how well that country is doing. I thus can't see why the central bank would try to saboutage this.
I also am confused by the three statements below
* The Yen is doing very well
* The majority of Japanese countries are export companies
* Japanese export companies are doing badly.
Surely if the majority of Japanese companies are doing badly, then the value of the Yen would fall?
