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The 300 million yen robbery (三億円事件, San Oku En Jiken), also known as the 300 million yen affair or 300 million yen incident, was an armed robbery that took place in Tokyo, Japan, on December 10, 1968. A man posing as a police officer on a motorcycle stopped bank employees transferring money and stole 294 million yen. [1]
In light of the dollar's reduction in value from ¥360 to ¥308 just before the reversion, an unannounced "currency confirmation" took place on October 9, 1971, wherein residents disclosed their dollar holdings in cash and bank accounts; dollars held that day amounting to US$60 million were entitled for conversion in 1972 at a higher rate of ¥360.
On average they are valued in the tens of thousands of yen (~$100+ USD) depending on the denomination. [6] The highest denomination notes of 5 and 10 yen are rare, and are valued much higher in the hundreds of thousands of yen (~$1,000+ USD). [6] During World War I Japan issued two different series of military currency for events in China and ...
Japanese middle school textbooks often state that one ryō was approximately equivalent to 100,000 Yen at the start of the Edo period, and around 3000–4000 yen at the end of the Edo period. On the other hand, the Currency Museum of the Bank of Japan states that one ryō had a nominal value equivalent 300,000–400,000 yen, but was worth only ...
The Japanese occupation also outlawed any use of Hong Kong dollar and set a deadline for exchanging dollars into yen. [citation needed] When the military yen was first introduced on 26 December 1941, the exchange rate between the Hong Kong dollar and the military yen was 2 to 1. However, by October 1942, the rate was changed to 4 to 1.
TOKYO (Reuters) -Japan's Rakuten Group said on Thursday it set a price of 2,470 yen per share in a planned overseas sale of 24.5 million shares of Rakuten Bank worth 60.6 billion yen ($411.9 million).
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