Thursday, February 26, 2009

Automobiles for export are parked at a Yokohama port, south of Tokyo....NSI News Source Info # 45

Automobiles for export are parked at a Yokohama port, south of Tokyo, in this April 1, 2008 photo. The dollar's surge over the last week is delivering a glimmer of hope to Japan's big exporters, which have all been battered not only by plunging export demand but also by the strong yen. A weak dollar, which erodes the value of overseas earnings when converted into yen, is also behind the automaker's poor performance.

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