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Wednesday, June 1, 2022

Dollar Tops ¥128.30 Before Easing In Tokyo

We're now into a new month and it is time to take a peek at how the U.S. dollar is faring against the Japanese yen in Tokyo trading.

This time, the picture is somewhat brighter as foreign tourists are being allowed again in Japan starting in June 10. The only caveat is that one has to be a part of an organized tour group, such as G-TOUR that is coming up this fall. So Americans traveling to Japan can take advantage of the weakened yen.

According Jiji Press:

Tokyo, May 31 (Jiji Press)--The dollar hit a two-week high above 128.30 yen before losing ground in Tokyo trading Tuesday.

 At 5 p.m., the dollar stood at 127.75-75 yen, up from 127.36-36 yen at the same time Monday.

To read more, go here.

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