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The Falling Value of the Yen Will Affect Residents of Japan
The falling value of the n will make it more expensive for people to send remittances from japan over s. People who are hoping to travel abroad and need to convert yen into other currentsias, they will also face steeper prices to do so. So what are firms doing then, when they've got these increased costs, but there's still this pressure not to actually raise prices? Are they just swallowing those costs themselves and taking lower profits, for example? Mer that's essentially what's happening. They're just a taking on that rise. And it's not just custom of facing companies as wells a lot of smaller companies that supply to larger companies,. There's this ingrained sense within