Reported 12 months ago
FTNN News, July 2, 2024 - The Japanese Yen continues to drop, with Taiwan's banks offering a record low exchange rate. In comparison to the beginning of the year, 100,000 TWD can now be exchanged for 3.6k more yen, equivalent to 4 Disneyland tickets. This marks a 38-year low for the Yen. The weakening Yen is advantageous for summer exchange demands, despite the New Taiwan Dollar depreciating. The exchange rate between USD and Yen also hit a 38-year low, further fueling the trend. Efforts are being made to capitalize on the favorable exchange rates, including some individuals turning to USD amidst the Yen's decline.
Source: YAHOO