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Old 06-30-2007   #1 (permalink)
kaminix
Japanophile
 
Join Date: May 2007
Location: Göteborg, Sweden
Posts: 114
Default Question regarding economics (JPY, buy now or wait?)

Hello!
I have kind of an opportunity here I think. I'm working this summer in order to raise money for studying at a Japanese university in two years. Nothing's set but I feel rather confident that I'll be able to make it, no matter how I'll do I know I'll be going to Japan at that time anyway. So here's my dilemma:
The value of the Japanese yen's value relative to the Swedish krona's value has gone down the past months and is now fairly cheap. I will reccieve my last salary on the 20th of August and I'm not sure if I should exchange it for JPY immedietly in order to save money.

Is there any easy way for someone not so in to the whole economy thingie to forsee how the yen will progress? And just out of curiosity, why is it sinking in the first place?
見猿、聞か猿、言わ猿
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