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Hoser
Joined: 19 Mar 2005
Posts: 694
Location: Toronto, Canada
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 Posted: Sun Oct 26, 2008 10:23 am Post subject: |
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| Actually I believe the yen hit 90 the other day. I don't think it will last long. Even if it doesn't rectify itself, the government will end up having to do something in order to weaken it. Japan is an export nation after all. |
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David W
Joined: 17 Jan 2003
Posts: 457
Location: Japan
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| Posted: Sun Oct 26, 2008 10:25 am Post subject: |
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| Glenski wrote: |
| Why not just wait for the exchange rate to be better and go with the place that has the lowest fee (Lloyds or the P.O.)? Patience is a virtue. |
Are you kidding? Now is the best time to send money home for more than 10 years especially if you're from Britain or the US. |
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natsume
Joined: 24 Apr 2006
Posts: 409
Location: Chongqing, China
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| Posted: Sun Oct 26, 2008 11:21 pm Post subject: |
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| I use xetrade as well. Very confusing to set up, but once you do, it can be the best option. They give me an exchange quote on what I want to sell when I make a transaction, and that is exactly what is deposited into my American account. I wire via ATM from my local Japanese bank to the XE partner in Tokyo, which I believe is around 700 yen, and I use direct deposit in the states, no charge. So, I only suffer a slightly worse exchange rate for the conveniance. When I sent money home last Wednesday, it was under 101 yen to the buck. |
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onesentiment
Joined: 22 Nov 2007
Posts: 45
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| Posted: Mon Oct 27, 2008 12:41 am Post subject: |
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| natsume wrote: |
| I use xetrade as well. Very confusing to set up, but once you do, it can be the best option. They give me an exchange quote on what I want to sell when I make a transaction, and that is exactly what is deposited into my American account. I wire via ATM from my local Japanese bank to the XE partner in Tokyo, which I believe is around 700 yen, and I use direct deposit in the states, no charge. So, I only suffer a slightly worse exchange rate for the conveniance. When I sent money home last Wednesday, it was under 101 yen to the buck. |
Now it's around 94. How low will it go? |
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