The dollar-yen exchange rate is down to 85 (85 yen buy 1 dollar), a 15-year low. Just two years ago (July 2007), it was at 120. What does that mean for people investing in US dollar-denominated funds?
At a rate of 120, 100,000 yen buys you $833.33 worth of USD funds.
At a rate of 85, 100,000 buys you $1176.47 worth of USD funds - an increase of 41%!
If you a long-term investor, now might be a good time to put a little bit of extra money into your USD funds.
