currencydepreciation
The cherry blossom season in March is always a popular time for tourists to visit Japan. This year, however, it may not have been the only reason why more than 3.1 million visitors - a one-month record, according to Japan's National Tourism Organisation - visited the Land of the Rising Sun. Foreign tourists have been making the most of their harder currencies such as the euro and dollar to gain from an advantageous exchange rate with Japan's weaker currency. Japanese town builds giant screen to block views of Mount Fuji and deter tourist crowdsJapanese businesses are growing a nature-positive ...
Euronews (English)
Iran’s national currency has dropped about 13% since early January this year, having steadily declined ever since the start of the Israel-Hamas war. As of mid-February, one US dollar was worth about 570,000 rials (€12.51). Back on 29 January this year, the rial had hit an 11-month low, with one dollar being worth about 582,500 rials. However, despite this sustained and very glaring devaluation, it looks like Iran may be more comfortable burying its head in the sand when it comes to global currency rates. The Minister of Economic Affairs and Finance, as reported by Iran International, recently ...
Euronews (English)
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