Reported about 1 year ago
Despite expectations that the Japanese Yen would not decrease further, it surprisingly performed remarkably on June 24th, with the exchange rate fluctuating around 159-160 against the US Dollar and 0.2068 against the New Taiwan Dollar. Travelers planning to visit Japan during the summer vacation should take advantage of the favorable exchange rate for the Japanese Yen. While there have been talks of the Yen rebounding after 2024, it has continuously depreciated, even hitting 'new lows' in recent years. The Japanese government is prepared to intervene in the currency market if necessary to stabilize the Yen's current rate, as it approaches the 160 mark against the US Dollar.
Source: YAHOO