Taken from data on the X-rates website, monthly average Yen to US Dollar exchange rates have been increasing from 77 Yen to the Dollar in January 2012 to nearly 93 Yen to the Dollar as of today.

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The third stage in the development of central banks came in 1971 when the US abandoned the Bretton Woods arrangement of fixed exchange rates against the dollar.

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"The industry experienced a number of headwinds during the first half of the year, including a significant adverse movement in exchange rates, due to the relative strength of the US dollar, combined with higher fruit, " Fyffes said.

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