So, I'm leaving for Vietnam on Sunday and won't be back until mid-May. I'm excited about that. However, like an idiot, I didn't buy US dollars for the trip a few weeks back like I'd planned when it was still around ￥92/1USD, so now I'm playing the waiting game for it to at least get back down into 96-yen territory, which it will do, just not before Friday it looks like, though...
Two and a half years ago, I converted a fair amount of yen to USD when it was around ￥75/1USD, so you can bet I'm happy with the profit I've made on that investment. However, I stopped converting income and am now kicking myself for it. Given that Prime Minister Abe and his man at the Bank of Japan, Kuroda are aggressively pushing the value of the yen down in an attempt to boost the economy, I'm feeling that it's quite prudent to start converting again and to keep doing so for the foreseeable future...
You can read more on Abe's economic growth plan at
BBC news.
