In Which Country Is the Currency Yen Used
The yen is the official currency of the nation of Japan. It is the currency of the Peoples Republic of China to this day. Yen Japanese Currency Britannica The New Currency Act of 1871 introduced Japans modern currency system with the. . Other powerful currencies include the Japanese Yen and the Indian Rupee Why Countries Need Currencies. The yen was adopted as the official currency of Japan during the Meiji period 1868-1912 as part of the newly formed governments efforts to urbanize and modernize the Japanese economy. After that the Japanese decided to use the name yen which means round object in Japanese. List of currencies of different countries with symbols. It is considered a key currency with particular importance in international trade. Basic information about currency. It is also widely used as a third reserve currency after the US dollar and the euro. The peso has served as a significant currency i...
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