like how much is 100 yen to US money?
2007-06-07 02:00:26 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
0.823893 U.S. Dollar. Bye!
2007-06-07 02:08:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The U.S. dollar steadied against the yen after a report showed US producer prices rose by 1.3% boosted by higher energy costs. In other news this morning, the Labor Department showed that initial jobless claims fell by a larger-than-expected 12,000 to 318,000 and the more consistent four-week moving average of first-time claims dropped by 10,250 to 329,250. However, the data did little to change the outlook on the inflation picture as the market seems more focused on the move in equities and the volatility in yen. Concern over a rising number of defaults in the U.S. sub prime mortgage lending sector, weaker consumer spending, and increased speculation for a rate cut by the U.S. Federal Reserve as early as August continues to subdue the greenback.
The Japanese yen weakened further this morning against the US dollar due to stronger-than-expected US inflation data. On the other hand, the Nikkei 225 Index rose 1.10% led by exporters, boosting the value of goods sold to the world’s biggest economy.
2007-06-07 09:16:47 · answer #2 · answered by ? 6 · 0⤊ 0⤋
100 yen is like 90 cents
2007-06-07 09:08:26 · answer #3 · answered by Professor Chaos 3 · 0⤊ 0⤋
go to the dow jones web page and you can get the daily close on the question. It does vary daily, weekly
2007-06-07 09:07:46 · answer #4 · answered by Michael M 7 · 0⤊ 0⤋