Yen/Japanese imports

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masher_uk

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Have you seen the exchange rate recently? Back in October it was ~180 Yen to the pound and today it's ~130 :eek: I only mention it because this week I bought a new guitar at the 'old' price of £880; the same guitar from the same (and every other) music shop is now ~£1200!! :crazy: Reason given: "It's the strength of the Yen against the pound, sir..."

I'm happy since I got it for the 'old' price but this trend could have a major impact assuming it carries through to TVs, cameras and all the other japanese goods we import. So if you've had your eye on that 50" flat screen for a while it might be worthwhile grabbing it sooner rather than later. Just a thought...
 
Yep, I've had to revise my valuation with the insurance co. for my Civic, now that it'll cost about 40% more to replace.
 
Have you seen the exchange rate recently? Back in October it was ~180 Yen to the pound and today it's ~130 :eek: I only mention it because this week I bought a new guitar at the 'old' price of £880; the same guitar from the same (and every other) music shop is now ~£1200!! :crazy: Reason given: "It's the strength of the Yen against the pound, sir..."

I'm happy since I got it for the 'old' price but this trend could have a major impact assuming it carries through to TVs, cameras and all the other japanese goods we import. So if you've had your eye on that 50" flat screen for a while it might be worthwhile grabbing it sooner rather than later. Just a thought...

Those £7.5 billion trains the goverment has decided to import from Japan may end costing even more then.
 
Have you seen the exchange rate recently? Back in October it was ~180 Yen to the pound and today it's ~130 :eek: I only mention it because this week I bought a new guitar at the 'old' price of £880; the same guitar from the same (and every other) music shop is now ~£1200!! :crazy: Reason given: "It's the strength of the Yen against the pound, sir..."

I'm happy since I got it for the 'old' price but this trend could have a major impact assuming it carries through to TVs, cameras and all the other japanese goods we import. So if you've had your eye on that 50" flat screen for a while it might be worthwhile grabbing it sooner rather than later. Just a thought...

This is true, but the japanese are in the initial stages of printing very large amounts of Yen, which may very well lead to a sharp reversal (unless our printing presses start up first and are more effecient!)
 
Not just the Yen.

My business has dropped by 50% over the same time last year, I'm an importer and buy in Euro's and US $.....

I have customers expecting to come in and find a credit crunch bargain and I'm having to explain prices have had to go up 30%-40%....difficult times for anyone other than exporters.
 

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