The 15 trillion yen
flowing overseas is just 1 percent of the total.
Meanwhile, stocks related to the planned issuance of 2,000 yen
bills moved down, due mainly to profit-taking following their gains the previous day.
depreciated beyond the [yen
] 136 level after the Birmingham Group of Eight summit meeting in mid-May.
Short-term interest rates in Japan are now ridiculously low, as part of the Bank of Japan's effort to hold down the value of the yen
To protect its downside, Shimoto can purchase a yen
call struck at 100.
dollar appreciated sharply in the first half of the 1980s--or what is the same thing, the Japanese yen
It plans to pay a dividend of 45 yen
per share for fiscal 2004, up 15 yen
from the previous year.
Moreover, the yen
has been depreciating against the euro, which has gone a long way in offsetting the profit squeeze from its strength against the dollar.
Strengthening of the Yen
against other Major Currencies
from Thursday's close and also above its late New York trading level of 106.
The forward contract is an agreement with a bank - a derivative - that allows us to sell the bank our future yen
flow, for example.
By sector, the functional food segment will rise from 567 billion yen
A significantly stronger yen
hurts the stock market in two ways: It will work to blunt the recovery in corporate profits, and it will exacerbate the deeply entrenched deflation the Japanese government has been trying so hard to eradicate.
Millea will pay a full-year dividend of 10,000 yen
Japan will emerge from its deflationary slump only when the yen
is allowed to weaken.