Yen Exchange Rate Watch

[YogurtIcecream]

Changed today at 11.7
Hope enough for my trip in Dec, I wonder if I changed too early but it's ok anyway.

 

[Hanaxxx]

Is the rate still 11.7 today?

 

[jacques.jiean]

11.74 as per arcade online rate

Sent from GAGT using GAGT

 

[lookingahead]

Of all these years, so far what is the best rate for yen? Is the current one consider high as compared to before?

 

[wongkc]

Of all these years, so far what is the best rate for yen? Is the current one consider high as compared to before?

Probably around 10.9... just a couple of months back...

 

[saffronsatire]

Of all these years, so far what is the best rate for yen? Is the current one consider high as compared to before?

think the lowest arcade sold was 10.86 but very very few days only, in june. not many ppl would have managed to snag at that rate. i only managed 10.88.

high or low is a matter of perception.
past 5 years: http://www.xe.com/currencycharts/?from=JPY&to=SGD&view=5Y

 

[charleslin]

Of all these years, so far what is the best rate for yen? Is the current one consider high as compared to before?

I think current at 85 is considered a quite good rate, although not the best ever which is like 91+-.

I went the last time at 80 (2 years ago) which at that time was already very good compared to 70+ before that.

 

[Gixxerfied]

Tmr MAS announcement..Shall see whether they ease SGD slightly..

 

[anyhowsaysay]

Tmr MAS announcement..Shall see whether they ease SGD slightly..

I think 90% they will ease. Another important to note is late Oct or early Nov BOJ meeting. Normally BOJ easing quite drastic movement.

 

[Illusionist_85]

True, expecting it to hover around 11.8 soon

Sent from a poor fugly buibui loser using GAGT

 

[informal]

did sg GDP reversal boosted the forex? dropped back to 1.167 after hitting 1.171 last night (on XE)

 

[Gixxerfied]

"MAS will continue with the policy of a modest and gradual appreciation of the S$NEER policy band. However, the rate of appreciation will be reduced slightly. There will be no change to the width of the policy band and the level at which it is centred. This measured adjustment follows the move to reduce the rate of appreciation of the policy band in January this year, and is supportive of economic growth into 2016, while ensuring price stability over the medium term," the central bank said in a press release.

 

[urban_closet]

Expect slight weakness in SGD; however I see the BOJ meeting at end of Oct'15 having the bigger effect if they increase stimulus

 

[stars87]

Japan imports a lot of raw materials. At some point a weaker yen is going to place immense cost pressure on smaller firms in the supply chain who are tightly bound with very thin margins. These guys suffer the most from a weak yen as they have limited means to pass the cost to others.

 

[urban_closet]

I think the monetary easing has mainly benefited the large corporates (sony, toyota, etc) and seems like that's the govt's focus for now.

 

[informal]

wow JPY/SGD (market rate) crashed to 1160 soon

 

[s7460597]

Arcade money changers website 11.69

 

[eq2addict]

Japan expected to lower yen after october?

 

[anyhowsaysay]

30th Oct. their BOJ meeting. wait and see....

 

[informal]

buy on rumour sell on news, the correct method is to absorb right before their official announcements

today seems to be heading towards 1150 on the forex charts