|Seaside Hotel as Seen from Ferris Wheel|
Saturday I made a trip to the bank at Kadena and purchased enough yen to pay my rent. I am developing a theory that the exchange rate drops at the end of the month, thus squeezing more dollars out of Americans as they purchase yen to pay their Japanese landlords. It was 83 yen to the dollar on Saturday. What will it be on this coming Thursday, the last day of the month?
Apparently a year ago yen was being exchanged at the rate of 95 to a dollar. Since I have been here it has fluctuated between 85 and eighty-one.
Also, another photo from last Saturday is attached.