Thursday, February 26, 2009

Japanese yen


The yen ( ,en?) (sign: ¥; code : JPY) is the currency of Japan.

It is the third most-traded currency in the foregion

exchaange markeet after the euro and the United States

dollar.[citation neded] It is also widely used as a reserve currency

after the U.S. dollar, the euro and the pound sterling.

As is common when counting in East Asia, large quantities

of yen are often counted in multiples of 10,000 (man, 万) in

the same way as values in Western countries are often

quoted in thousands

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