University of Hawaii Manoa: UHERO - Travelers Flock to Japan on Weak Yen, While Inflation Climbs
May 23, 2024
May 23, 2024
MANOA, Hawaii, May 23 -- The University of Hawaii Manoa campus issued the following news release:
Japan's economic struggles post-pandemic, unexpected inflation, and interest rate hikes abroad have contributed to the weakest yen in nearly 35 years, approaching 160 yen to the dollar. While visitors to Japan, especially from Hawaii, see it as an opportunity for a travel experience at a more affordable rate, experts say it imposes costs on Japan's people and has mixed implica . . .
Japan's economic struggles post-pandemic, unexpected inflation, and interest rate hikes abroad have contributed to the weakest yen in nearly 35 years, approaching 160 yen to the dollar. While visitors to Japan, especially from Hawaii, see it as an opportunity for a travel experience at a more affordable rate, experts say it imposes costs on Japan's people and has mixed implica . . .