A "strong yen" refers to the value of the Japanese yen in comparison to other currencies, whereas a "weak yen" refers to the value of the Japanese yen in comparison to other currencies. Say, the yen rises if the US Dollar / yen exchange rate falls from 1 US Dollar = 100 yen to 90 yen one month later and depreciates if it falls to 110 yen.
- 1-2a. What is ”strong yen”?
- 1-2b. What is “weak yen”?
- 1-2c. Meaning of “strong US dollar /weak yen” / “weak US dollar / strong yen”
- 1-2d. An increase in USD/JPY signifies a strengthening US dollar.
- 1-2e. What is the difference between a “CONTROLLED FLOATING EXCHANGE RATE SYSTEM,” a “FIXED EXCHANGE RATE SYSTEM,” and a “FLOATING EXCHANGE RATE SYSTEM”?