Quote:
Originally Posted by Sangetsu
Believe it or not children, the information you get from Wikipedia is not always correct. I just read another Wikipedia article that put the yen "under 80 yen to the dollar" in April '95. Which one is right? The yen's lowest level was 75.5 yen to the dollar in 1995. To be sure, the Japanese government has always kept the yen artificially low in the past, but it is now quite a bit over-valued.
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Again where is your source? Is this the other article?
Endaka - Wikipedia, the free encyclopedia
It's not that I want to argue, but I have never seen any record stating the yen was at 75.
I am talking American dollars btw.
Here is a non-wikipedia source supporting what I have said.
JPMorgan Raises Yen Forecasts, Says May Advance to 79 Per Dollar This Year - Bloomberg