yen vs. lira today's exchange rate real-time (2016-07-31 07:12 Update):
Currency exchange
1 yen=16.6617 lira
1 lira=0.0600 yen
Exchange rate | Buy price | Sell price | Update time | |
16.6617 | NaN | NaN | NaN | 07:12:49 |
yen to lira exchange rate trend chart (one week):
July 31, 2016 Interbank foreign exchange market lira exchange rate mid-price is: 1 yen to lira 16.6617 yuan, 100 yen to lira 1666.17 yuan.
Overseas economy: The US economy is still good, and the daily price may increase its stimulus. The total number of existing home sales in the United States in June was 5.57 million, a six-year high, and the start of new homes in June rose 4.8% month-on-month; the initial value of the manufacturing PMI in July was 52.9, a new high since October 2015. The real estate market continues to recover and the manufacturing industry is improving, indicating that the US economy is still relatively stable. The Japanese government may consider increasing investment in stimulating the economy, or doubling to 20 trillion yen, of which 8.3 trillion will be used for infrastructure construction and improvement. Last week, the European Central Bank chose to remain silent.
In recent years, the Abe government's policy of devaluing the yen has further lowered Japan's salary. Based on the exchange rate in January 2016, Japan's actual salary is US$1,060 (about RMB 7,103), which is lower than that of neighboring South Korea. Japan is worried that as South Korea and Taiwan also need foreign workers to fill the manpower, Japan will face greater competition in the future in the competition for foreign workers.
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