SG Talk

The Japanese yen has tumbled by a fifth against the dollar this year, but broad shifts in the country’s economy mean its impact on Japan Inc is far more uneven than the last time the currency traded at such weak levels 24 years ago.

The landscape is now shifting as the yen has tumbled 20 per cent this year against the US dollar, reaching a low of ¥145 on Thursday. The real effective exchange rate, a measure of the currency’s strength against those of trading partners adjusting for price levels, has reached its lowest level since 1970, according to Bank of Japan data.

https://www.ft.com/content/9675cf79-f16d...afa22ee4fc

(22-09-2022, 11:45 AM)kokee Wrote: [ -> ]with all these US interest hike, the hardest hit will be china property price & market!!
If US stock adown another 20-30%, then china property will crash another 40-60% from here although currently ton already crash 40-60% from their top!!
plus RMB/CNH crash much harder from here although RMB already down 10-15% this yr till now, lost in stock & property buy foreign investors are double whammy!!
nice!!

all these moronic comie dogs keep barking at other, why never bark their RMB/CNH!! LOL LOL!
CNH hit 7.10 today!! sibei swee!!
as above, the worst hit for strong USD & US interest hike will be china property price!!!
CNH will not stop here, someone say next stop is 7.20, coming soon!
even got people bark RMB to down 50% from here in 1-2 yrs time!! If global sanction china like russia, down 50% is nothing!!! just do it fearlessly together globally!!!




人民幣下一站7.2

“Relative to Asian competitors, it has never on record been as cost-competitive as it is now,” said Nicholas Smith, Japan strategist at CLSA, who added that the Chinese real effective exchange rate has almost doubled since 1994 as Japan’s has been in long-term decline.


https://www.ft.com/content/9675cf79-f16d...afa22ee4fc

Problem is High debt to GDP
SGD follows Yen down
we watching this:

japanese car manufacturers live weak yen


can export more and compete cheaper