Japanese Yen Falls to 40-Year Low, Pleasing Tourists but Worrying Tokyo – WSJ

Japanese Yen Plummets to 40-Year Low, Delightful for Tourists but Alarming for Tokyo

Published on :

The Japanese yen tumbled to a 40-year low against the dollar, thrilling tourists with more affordable travel while sparking worries in Tokyo about soaring import costs and the risk of inflation. Meanwhile, the government is actively considering intervention strategies