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The mkiv Supra Owners Club

GB pound VS JPN yen


grahamc

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  • 4 months later...

The Yen went down to 117 per GBP in January and now it has risen to 162 and still going.

 

As an example but I looked at a Supra in Japan during January and it was priced at JPN YEN 4,000,000 - this worked out at GBP 34,188. The new cost on the current exchange rate is GBP24,675 or 10k difference:)

 

The future is looking good guys:Pling:

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Pound vs Dollar is around 1.6 now where it was only 1.4 in recent bad times. Also Pound vs. Euro is now around 1.14 where it was 1.0 in those recent bad times. Pound vs new turkish lira is better too.

 

All round, the pound is strengthening, and also my RBS shares, which hit 10pence on the worst of those recent bad times, and looked like they really didn't want to see anything above ~24 pence, have now been hovering around 40 pence recently.

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  • 10 months later...

The weak Euro has a big effect on Japanese companies that do a lot of business with Europe. If things look "different" at the moment just wait until after our general election, when whoever is in power has to announce the reality of our sad financial situation and what needs to be done to address it.

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