Japanese Yen Reaches Six-Month High, Testing Budget Travel to Japan
The currency's rise against the US and Australian dollars follows central bank intervention, according to The Guardian.
The Japanese yen has reached its highest level against the US and Australian dollars in six months, The Guardian reported, raising questions about whether budget-friendly trips to Japan are ending for Australian travelers.
The report said the yen's long decline had begun reversing after Tokyo and Washington intervened to support the currency.
Sources
- As Japan’s yen peaks, is the era of budget-friendly trips coming to an end for Australian travellers? — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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