11.   McKinnon points out that investors who expect the yen to rise will accept lower interest payments on bonds denominated in yen compared with bonds denominated in dollars.

12.   Meanwhile, many Japanese are upset that the yen is rising in value.

13.   Shortly after the plan was announced the yen rose to an all-time high.

14.   Some analysts believe the yen will rise against the mark soon amid concern that German interest rates will fall.

15.   The biggest is that the Japanese yen will rise in value.

16.   The Japanese yen rose against the dollar and other currencies after Thailand devalued the baht today, traders said.

17.   The Japanese yen rose against the dollar and other currencies after Thailand effectively devalued the baht today, traders said.

18.   The Japanese economy fell into a deep slump and the yen rose sharply against other currencies, making it much more difficult to export cars made in Japan.

19.   The Japanese yen also rose because of concern that Japanese exporters will sell dollars for yen to bring profits home, traders said.

20.   The rise restored some of the competitiveness Japanese exporters lost in the years when the yen was rising, and boosted the value of their dollar earnings.