Doing business in Japan is very expensive by far. If the value of the USD drops, what would the effect be on business? How about if the value of Yen were to drop, how would that effect business? This is provided, the business in mention is American
The company in mention is already established over in Japan.
with the american dollar falling and bush about to make it drop even more would it be wise to invest in chinese yen? especially considering their economy is booming.
if so.. how would you do this? is there a way to do it without paying some one else to help you? or to do it for you… cut out the middle man..
I didn't find anything in the library, but I'm sure there are some good ones out there. Thanks for your help!
Me and my wife went to China recently last summer for 3 months. The exchange rate was 1 US Dollar = 7.5 RMB and we thought that was pretty significant since only a year ago it was 1 USD = 8.5 RMB. Now I see based on the latest exchange rate that 1 USD = 6.99 RMB. I also see where the American dollar is dropping against the Euro, Japanese Yen, and even the Canadian dollar, my question is why? Why do you think the US Dollar is dropping so hard so fast, is it because of americans spending way too much money, the war in Iraq, oil, and outsourcing? Why do you think the US Dollar is falling and do you think this trend will continue and what is the result if the dollar keeps falling?
have in Hong Kong:
$10>1995
$5>1993
$2>1993
$1>1994
And Mexican i have:
$1>2003
$1>2006
ive searched for it on the internet but cant find it, so someone please help me. tell me how much they are worth here in the US i listed the years next to the ammount.
My company is getting into a contract with another company in a different country. The contract says we pay them in their currency. I want to purchase their currency now and use that as a hedge against the potential falling US dollar. What brokerage house or other institution will sell me the other countries currency>
This blog claims it is possible, trading only with $8.
http://100percentforexchallenge.blogspot.com/
What do you think?
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