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The Japanese yen ( or  en?) (sign¥codeJPY) is the official currency of Japan. It is the third most-traded currency in the foreign exchange market after United States dollar and the euro.[1][verification needed]It is also widely used as a reserve currency after the U.S. dollar, the euro and the pound sterling. As is common when counting in East Asia, large quantities of yen are often counted in multiples of 10,000 (man, 万) in the same way as values in Western countries are often quoted in thousands.
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review by . November 11, 2010
posted in Business Matters
For the love of Japan
+4 is probably the highest ranking I'm going to give to any foreign currencies. Japanese Yen (JPY) is at the forefront of these ratings. It is not because I made a lot of money from investing or speculating in JPY. Neither is it because it is the currency I'm currently investing in. These are not the reason why I prefer one currency over another. It is not personal gains that's the benchmark. Wrong, I should qualify that. It is not personal monetary gains that made me rate the way I …
Quick Tip by . November 11, 2010
posted in Business Matters
One of the easiest gateways to be a millionaire! If you're rich, you can even be a billionaire!
Quick Tip by . November 10, 2010
I've a lot more confident in the Yen than many any other Asian currencies. For 20 years that I've been traveling to this country, the Yen do fluctuates, but within a reasonable band. A country with a large foreign reserves is one that can at least deal with the thunderstorm than one that's totally broke!
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