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David @ Tokyo

Perspective from Japan on whaling and whale meat, a spot of gourmet news, and monthly updates of whale meat stockpile statistics

7/28/2007

 

NZD falling

I've been waiting for this to happen for quite a while now - the NZD is falling against the yen.

Earlier this week it cracked the 97 yen level (this makes it almost twice as cheap to buy a big mac in Japan than in New Zealand).

This morning:
Live rates at 2007.07.27 23:22:33 UTC

1.00 NZD = 90.7706 JPY

New Zealand Dollars Japan Yen 1 NZD = 90.7706 JPY 1 JPY = 0.0110168 NZD
If you look at the charts from this page you might have guessed this would happen...

Comments:
Shucks she's down to
78.3086 JPY as of 2007.08.16 13:32:33 UTC
 
h
 
wow - it appears you are actually smugly pleased that an entire country's economy is down against Japan's simply because they are anti-whaling! Yet somehow if this was the other way round - anti-whaling people being pleased that the Japanese economy was suffering - I think you might find the time to brand them small-minded bigots.
 
1) This post has nothing to do with whaling, its about exchange rates.

2) New Zealand's "entire economy" is not "down against Japan's", the dollar has depreciated against the yen. And this is a *good* thing for New Zealand's economy.
 
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