Earlier quoted context omitted.
Who charges their buddy 15 USD exchange fees on 100 USD? :(
He literally put 100USD in front of me, said he forgot to get more yen before his trip, and asked for a favor. Am I really in the wrong from your perspective?
Yen weakens past ¥160 per dollar, eroding intervention gains
11–20 of 74 posts
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#12I live in Japan and five years ago my drinking buddy at the time only had USD and was about to get on the shinkansen. He needed Yen ASAP. So he said, "dude I'll trade you a 100USD for 10000YEN." At the time it was an easy fifteen bucks or something profit after exchange, so I said, sure, here ya go. I put it in a drawer and forgot about it until a few weeks ago. I'm going to the moon with this, ladies and gentlemen
Who charges their buddy 15 USD exchange fees on 100 USD? :(
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#13The BoJ has to raise rates. Dumping Dollars to buy Yen is spitting in the wind.
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#14I live in Japan and five years ago my drinking buddy at the time only had USD and was about to get on the shinkansen. He needed Yen ASAP. So he said, "dude I'll trade you a 100USD for 10000YEN." At the time it was an easy fifteen bucks or something profit after exchange, so I said, sure, here ya go. I put it in a drawer and forgot about it until a few weeks ago. I'm going to the moon with this, ladies and gentlemen
Who charges their buddy 15 USD exchange fees on 100 USD? :(
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#15Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#16I live in Japan and five years ago my drinking buddy at the time only had USD and was about to get on the shinkansen. He needed Yen ASAP. So he said, "dude I'll trade you a 100USD for 10000YEN." At the time it was an easy fifteen bucks or something profit after exchange, so I said, sure, here ya go. I put it in a drawer and forgot about it until a few weeks ago. I'm going to the moon with this, ladies and gentlemen
Who charges their buddy 15 USD exchange fees on 100 USD? :(
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#17The BoJ has to raise rates. Dumping Dollars to buy Yen is spitting in the wind.
TGA account has around $1T in it. So, Bessent has enough ammo to defend the castle of Japan.
Since Bessent did what he did the whole issue has been swallowed up in the idiotic partisan maw of US politics, but it’s just a self-defeating effort by Japan to fight the market.
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#18Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#19Earlier quoted context omitted.
He literally put 100USD in front of me, said he forgot to get more yen before his trip, and asked for a favor. Am I really in the wrong from your perspective?
If I was in that situation and I’d help my friend not try to make a buck off them when they are down. Between electronic transfer and just settle the debt later, isn’t really an excuse…
Re: Yen weakens past ¥160 per dollar, eroding intervention gains
#20The BoJ has to raise rates. Dumping Dollars to buy Yen is spitting in the wind.