Daily Cuts - Is this a good time to exchange currency for that Japan holiday?
The Japanese yen has been on a downward trajectory since the start of 2024. On 28 June 2024, it hit a 38-year low against the US dollar. Those planning a holiday to Japan will be wondering whether now is a good time to exchange currency, or should they take a wait and see approach? Work It's Chew Wui Lynn and Cheryl Goh asked OCBC’s FX Strategist Christopher Wong for his opinion.
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17 min