Colosseum a.s. (Colosseum a.s.)
Commodities  |  October 22, 2012 16:51:33

A sharp weakening of the Japanese yen continues



ColosseumThe USD / JPY today grow by 0.7 percent to Y 79.85 per $ 1, which is the highest since mid-July. For the Japanese menu are negative about a sharp decline in exports. In September, exports from the country declined year on year by 10.3 percent, which is the biggest slump since May 2011. Slump was largely caused by the deterioration of political relations, Japan and China. For example, sales of Japanese cars in China fell due to the fact the 41 percent.

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