Thursday 23 May 2024

[Post 377] What does the yen at a 34-year low mean for Japanese companies, consumers and tourism?





Summary

The Japanese yen has fallen sharply to a 34-year low against the US dollar. The weak yen is positive for inbound visitors, but Japanese consumers and companies are feeling the pinch. CNA's Henry Yin and Michiyo Ishida explain.

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