Reported 11 months ago
On June 24, 2024, the Japanese yen exchange rate dropped to a new low of 0.2061, making it advantageous for those holding yen. Despite the potential gains, many find it frustrating as the yen continues to depreciate. With the yen reaching a 34-year low against the US dollar and set to have a new version in July, people are advised on exchange strategies to take advantage of the situation. While some see opportunities in the weakening yen, others are cautious as the trend persists, prompting advice on when and how to exchange yen.
Source: YAHOO