Question: This question is about a trend I found that shows that the USD/JPY price on 03/04/2020 was $.00949864 per Yen and then went up to
This question is about a trend I found that shows that the USD/JPY price on 03/04/2020 was $.00949864 per Yen and then went up to $0.000119107 per Yen on 06/03/2020.
Taking the perspective of a U.S. investor with operations in the foreign country (Japan) assessing transactions three months from today, does the trend make you concerned about foreign cash receipts that must be converted to USD from the foreign currency, or about payments that must be converted from the foreign currency to the USD? Explain carefully
I mostly do not understand what exactly the question is asking of me
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