Japanese Yen Hits Rock Bottom, Public Rushes to Exchange, One Feels Frustrated as 'Every Time I Exchange, It Hits a New Low' and Switches to Buying US Dollars, Netizens Mockingly Call Him a 'Contrary Indicator'

Reported 12 months ago

Recently, the Japanese yen has continuously hit new lows, with the selling price this morning reaching the lowest in 38 years at 0.2050. This has led to a surge in yen exchange among people, with many hoping to save some yen at its lowest point to enjoy the exchange rate difference when traveling to Japan. However, one netizen expressed frustration as every time he exchanged yen, the price hit a new low, leading him to switch to buying US dollars. Netizens mockingly called him a 'contrary indicator' and advised against hoarding yen, suggesting to exchange only before traveling. Some even recommended investing in Japanese semiconductor-related stocks due to the yen's depreciation.

Source: YAHOO

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