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Is this statement, True or False ?

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Is this statement, True or False ?

Postby PassPort » 13 Mar 2011, 05:06 •  [Post 1]

You can help Japan by buying their currency.

Buying Yen is the best way to help our fellow Japanese recover from this disaster.



If it is true, i wish to help, im prepared to trade a few hundred pounds into Yen :arrow:
what goes around, comes around
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Re: Is this statement, True or False ?

Postby Jake » 13 Mar 2011, 05:31 •  [Post 2]

I don't see how that would help unless you went to japan and spent the yen.

But anyways you could buy something made in Japan and it may help a little bit.
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Re: Is this statement, True or False ?

Postby Malakor » 13 Mar 2011, 18:37 •  [Post 3]

They do seem to be repatriating the Yen as for some odd reason it's seen as a 'safe haven' currency despite the disaster. Might be a good time to buy some Japanese equities as the BoJ is going to slosh some extra cash into the system.
'Fools rush in where angels fear to tread' - TiT
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