Taiwanese Enjoying the Benefits of a Strong Japanese Yen: Exchange Rate Reaches 0.2071, Highest in 34 Years

Reported 8 months ago

Taipei Bank's Japanese Yen exchange rate has hit a record low of 0.2071, allowing individuals to receive over 30,000 more Japanese Yen when exchanging 100,000 Taiwanese Dollars compared to last year. This surplus is equivalent to the cost of three extra visits to Tokyo Disneyland. The article also highlights how the weakening of the Japanese Yen against the US Dollar may impact inflation rates, with discussions about potential earlier-than-expected interest rate hikes in Japan.

Source: YAHOO

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