• 11/29/2024

Falling yen is great for 2 sectors in Japan

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The big story in global foreign exchange markets right now is the continued slide in the yen, to a fresh 34-year low. As tourists in Japan buy luxury goods at a significant discount, retail rents and hotel rates are also up.

https://www.scmp.com/opinion/asia-opinion/article/3260748/falling-yen-great-2-sectors-japan?utm_source=rss_feed