Attention, bargain-hunters around the world: Japanese goods - from cars to televisions - are going on sale.
Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flooding its financial system is helping shrink the value of the yen. A dollar now buys about 100 yen compared with fewer than 80 last fall.
When the yen's value falls, many Japanese goods become less expensive worldwide. By contrast, goods made in Europe, Asia, and the United States become pricier compared with Japanese products. And as sales of Japanese products grow, Japan's economy benefits.
Here are two ways a cheaper yen will affect consumers and companies worldwide: