A yen for stronger yen

Imagine my surprise when I saw what the exchange rate has been, recently. According to Bloomberg:
The yen touched 120 per dollar for the first time since July 2007, as policy makers’ decisions to expand monetary stimulus and delay a consumption tax increase highlight the risks the economy is deteriorating.
Talk about shitty timing. I've been in Japan for less than half a year and the yen suddenly weakens. What does this mean for me? I'm going to have to save more in order to meet the same goals I had, which means less cheddar, and you know how much I like my cheddar. I also was foolish enough to calculate how much money I'm losing thanks to the new exchange rate. Big mistake. Sometimes ignorance really is bliss. All I can hope for is that the economy will turn around soon. Oh, and adjust my Excel finance spreadsheets tearfully. the way of the world

Article by Himani

Himani enjoys a diverse life of trying to survive the educational world (now in Japan!) while still having time to participate in her hobbies like writing, reading, cooking, and photography. Prone to sarcasm and impatience, she's still trying to rise above the little things.

2 Comments


  1. I am afraid to send money home so I am just going to spend it xD As long as I don’t end up on the street, cold and starving, I think I will be okay.

    1. Gutsy move. I need to save for when I return and to pay off some bills. So, I have to send money home! And I’m feeling the pressure to do it more, in case the yen gets worse! T_T

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