Reported 12 months ago
As the Japanese Yen continues to depreciate, many people feel they've been burned after exchanging and then seeing further drops. Cathay Financial's General Manager, Li, suggests that the decision to buy Japanese Yen should be based on individual needs and objectives. For those considering property investment or travel purposes, the current exchange rates are quite favorable. Li emphasizes the importance of considering factors such as monetary policies, economic structures, and local investing and consumption capabilities when assessing currency exchange decisions.
Source: YAHOO