Sentences with phrase «depreciate against the yen»
Example: Canadian dollar might appreciate against the Pound but depreciate against the Yen etc..
http://www.canadiancapitalist.com/ Not exact matches
CAD depreciated 28 % against the Yen.
What I mean by that is, from a US dollar investor perspective, if the yen depreciates against the dollar, it reduces the dollar return on equity but it improves the competitive advantage of the business abroad.
Now suppose the US dollar depreciates 1 % against the Yen, but only.5 % against the Canadian dollar.