July 26, 2010 Prayer for $100,000 currency exchange loss

Because of continued global economic instability, nations and businesses are flocking to the Japanese yen as the safest global currency. The exchange rate in May was about 94.8 and it has now dropped to about 86.8. Because most of the funds that have been raised are in US dollars (and can’t be transferred over until we finalize our contract), we’ve lost approximately $100,000 on currency value alone. Please pray for a rebound in the US dollar compared to the Japanese yen in the next few months before our final payment is due. Also please pray for 100% fulfillment of pledges that have been made for the new CBI Japan ministry campus. We’ve set a goal to raise an additional $200,000 to cover the currency valuation loss and also for additional support towards the establishment of the Heart & Soul Cafe outreach and ANF Downtown. Please join us in prayer and in spreading the word!

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