NoCtiS_NoX on 03 September 2010
| Galaki said: If you buy stuff from China, for example. You'd use China's currency. That means, you'll have to exchange whatever currency you have into China's currency to pay for the wares. So, if Yen is high, it means they get more money after the exchange, no? |
A weaker currency would boost the value of their repatriated overseas profits and make their goods cheaper and more competitive in foreign markets -- and a stronger currency has the opposite effect.
