The Sub-Prime issue has killed the dollar on the international market, which has a huge effect on my daily life. But over the last week, the dollar has been climbing back up against the yen to around 117. However, that wasn’t really the dollar climbing, it was just the yen temporarily dropping.
The yen is now recovering again.
You can see the dollar climb, and then plummet back by looking at the graph for the last month.
The three month look shows the effects the sub-prime ‘crisis’ has had.
Dependency on a foreign currency is any country means you’re at the mercy of the exchange rate. I need to increase my domestic income to greater my stability. However, I don’t currently have a work permit.
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