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/jp/ - Otaku Culture

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>> No.45395954 [View]
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45395954

>>45395931
That's not really how foreign exchange rates work, they don't really affect prices like that when the country actually makes stuff.
Things like gachashit, games, services, etc haven't really changed in price over the past year.
Since Japan sells most of its products (like cars) to the international market in USD, you have seen dramatic increase in profits for big Japanese companies like the car manufacturers. For example Toyota said that for every ¥1 depreciation against the dollar, it benefits by ¥180bn.
It's bad for imports though, especially oil, so that puts some inflationary pressure on the Japanese economy. So far the BoJ is pretty chill with the yen weakening (and would actually prefer inflation to stay at around 2% rather than the deflation they've been stuck with for 3 decades) so Japan still has negative interest rates.

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