1 USD = 98.7950 Yen
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Currency hedging is the activity carried out in order to eliminate the risks stemming from an undesired exposure to a foreign currency. For example, a US investor might want to take exposure to the Japanese stock market, but not to the currency risk related to unexpected movements in the USD/JPY exchange rate. He would then invest in the Japanese stock market and perform currency hedging by selling the Japanese Yen forward, in order to fix today tomorrow's price of the Yen and eliminate the currency risk associated to his position in the Japanese stock market.
Japanese American property losses during their wartime internment.
66.88
About 100.77 Japanese Dollars (Yen)= 1 American Dollar.
Vauvta relates to currency and the exchange rates. For example, the valuta is the rate of one currency, such as the American Dollar to another country's currency, such as the Euro. It is Latin for the word "value".