Yen Hits 75.95

Yen, slow down! Or dollar, strengthen up! The Yen continues upward. It hit a record 75.95 yen for a moment which is a record. This basically means that the dollar is weak in Japan, thus preventing imports and tourism. The typical 110 to a dollar is far off. So when you see pricey imports from Japan, you’ll understand (Mainichi – yen)