Reported 12 months ago
The Japanese yen continues to depreciate, reaching new lows against the US dollar and the Taiwanese dollar with the exchange rate dropping to 0.2055 Yuan, the lowest in 38 years. Despite the opportunity for savings, many who hold Japanese yen are feeling disappointed as the exchange rate keeps falling. With analysts predicting that the cheap yen trend may continue, experts recommend exchanging currency in batches if needed. As the summer travel season approaches, people are advised to pay attention to the timing of exchanging yen, but those with yen on hand may not be feeling as fortunate given the current exchange rate trend.
Source: YAHOO