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The yen is getting weaker. it has risen to 117 yen to the dollar. experts say the yen could go to 120 to the dollar by years end and 125 early in the new year. from near 100 to 125 yean per dollar is a great profit maker for the Japanese auto makers.
what does this mean, i always have trouble understanding what a stronger dollar means to a weaker unit... Does this mean it will make Toyota's more expensive?

what does this mean, i always have trouble understanding what a stronger dollar means to a weaker unit...  Does this mean it will make Toyota's more expensive?

[post="38199"]<{POST_SNAPBACK}>[/post]



Basically, it means that the yen is getting, relative to the dollar, doubly weak. The yen is going down in value while the dollar is climbing, which spells big $$$ for Japanese companies selling crap in the US.

Same sh*t, different day.

Toyota = record profits/GM = screwed

[post="38283"]<{POST_SNAPBACK}>[/post]



Agreed
The yen getting weaker won't effect the Toyota plants in the USA. That's why they're here. These are no longer imports my friends, but USA made Toy-otas. Unfortunately the profits all go back to the MOTHER LAND. Mama? :P

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