Articles of category "Japanese Yen"

The yen (en) was established as the official unit of currency in 1871. At various times during its history, the yen has been pegged to the silver standard, the gold standard and the US dollar. Stability of the Japanese yen forex index is hugely dependent on the market situations in the United States, Europe and other major consumers of Japan’s high-tech exported goods - the country’s major source of income. Now the official international symbol indicating the Japanese Yen is ?.

The Japanese Yen is the currency of Japan and is a strong currency within Asia. The Japanese currency is widely traded against the US Dollar, the Euro and sterling. Japan has always been a strong economy and traded widely. The demand for the Japanese currency is governed by the desire of foreigners to buy goods and services in Japan and by their interest in investing in Japan (buying yen-denominated real and financial assets).