Answer :
Answer:
When the value of Currency X fall against currency Y, it means that you now need to exchange more amount of currency X in order to get the same amount of currency Y.
In the case above . There are a couple benefits that the Japanese can get.:
- Goods that they buy from countries that use peso will be cheaper than past transactions.
- If they sell their goods to countries that use peso, their profit margin will increase.
- For Japanese workers who work in a country that use peso . They will technically sent more value of money to their families back home even though sent it in a same amount like they used to.