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Japan Currency

The Japan Currency has become one of the prominent against many other currencies in the Asia-Pacific region. If one thinks about the personal thought of money management then Japan with its fair economic policy and helping each other countries by providing economic resurgence has certainly made a positive impact on the economy of other nations. If one thinks about the countries such as Cambodia, India and Philippines there are many ongoing projects which has made the Currency an important factor including the nation. If the people who talk about defining the money in a positive way understand the value of Dollar’s effect then they could understand that the official currency of Japan has certainly withstand the economic downgrading of many other currencies in the adjoining East-Asian countries.

If one thinks about the Asian currency then Yen and Yuan have become one of the symbols of rising economy and has taken places alongside Dollar. The country which are China and Japan has gone much above in terms of getting their understanding along with diversification being the only way to get gains while if we see India, which tries to show itself as an economic superpower has got disadvantage in this race of being a superior monetary nation. If one see towards Japan the country has stood stronger even during the global financial crisis which broke out in 2007 and the major Central Banks got enacted against a series of monetary easing policies.

If one compares the Currencies of other prominent countries with the Central bankers in Australia, Canada, New Zealand and elsewhere then the countries have taken more dovish stances and with the currency supremacy becoming one of the major ways to gain importance in the Asian continent it is becoming a major fight among the nations to get stronger against Dollar for regaining many of the smaller territories like Vietnam and Laos to cite as an example. China trying to increase its influence in the entire Asian continent it is also giving enough reasons for Japan to create allies in the form of India which itself gives tough competition to its neighbours in terms of monetary advantage.

With Japan being the World’s third largest economy it is one of the countries which gets hit less in terms of inflation although the country is a near about $4.8 Trillion economy still it has become debt ridden but it should certainly go for restructuring its fiscal policy and get a better balance sheet by taking steps to loosen labor market along with empowering women and boost the productivity which is a part of the Japanese culture.

Japanese Currency Available Coins: ¥ 1, ¥ 5, ¥ 10, ¥ 50, ¥ 100 and ¥ 500

Japanese Currency Available Notes: ¥ 1,000, ¥ 5,000, ¥ 10,000