perfect timing to buy an ofuro
In case you did not notice it, the dollar and euro are gaining value over the yen.
Today, one dollar buys you almost 91 yen, it was 78 yen/dollar six months ago.
In few words, if you purchase a japanese bathtub now you can save about 20% compared to the price you would have payed in summer 2012.
Is the yen weakness going to last? We do not know, anyway the boost of exports and the planned increase of the sales tax (from 5% to 8% in 2014 and 10% in 2015) create the premises for demand increase which can boost the economy and generate a flow of capitals towards the japanese stock market.
Is the yen going back to 78 yen per dollar? Again nobody can say it, but it is likely that it is going to stabilize to a medial value for the months to come.
If you are planning to buy an ofuro, this may be the chance you were waiting for…!
Leave a Comment