Japanese Yen Exchange Rate Hits 'All-Time Sweet' Low at 0.2063, Experts: Further Depreciation Expected, Seize the Opportunity to Exchange at Sweet Rates This Week

Reported 8 months ago

Taiwan's yen exchange rate hits a record low at 0.2063, continuing to set new lows over 30 years. Experts predict further depreciation, advising individuals to seize the current opportunity before the week ends, especially as Taiwan's trade surplus strengthens the New Taiwan Dollar and weakens the Japanese Yen. Despite Japan's readiness to intervene in the foreign exchange market, the yen is expected to face downward pressure against the US dollar.

Source: YAHOO

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