Heute ist in der NYT zu lesen:
European companies tend to focus on the dollar exchange rate, because the U.S. currency is the most important for world trade. But the yen’s recent strengthening is playing a role in Germany’s export boom as well.
The euro has fallen 19 percent against the yen in the past year, nearly double the decline against the dollar. And the euro is down more than 36 percent against the yen since August 2008.
A stronger yen is good news for German machinery and auto companies whose main competitors often are based in Japan. And it is, of course, bad news in Japan, where the strong currency has become a political issue.
Die Japaner sind über die Entwicklung der Wechselkurse natürlich gar nicht erfreut; die volkswirtschaftlichen Probleme wären eigentlich auch so schon schwerwiegend genug.
