A property purchased in Tokyo at ¥100 million when the yen was at ¥150 to the dollar costs roughly $667,000. At ¥110, the same property would cost $909,000. The currency effect alone represents a 36% difference in dollar terms.

A property purchased in Tokyo at ¥100 million when the yen was at ¥150 to the dollar costs roughly $667,000. At ¥110, the same property would cost $909,000. The currency effect alone represents a 36% difference in dollar terms.
A property purchased in Tokyo at ¥100 million when the yen was at ¥150 to the dollar costs roughly $667,000. At ¥110, the same property would cost $909,000. The currency effect alone represents a 36% difference in dollar terms.
Our latest newsletter: Canada–China business rules are changing — trade measures, a new foreign influence registry, and tighter Chinese outbound investment scrutiny.
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