The Japanese yen has fallen to levels not seen in decades, leading many to ask if this is the right time to exchange some money for the next holiday. Mercer's Cameron Systermans joins Andrea Heng to explain what's driving the currency's valuation, what could change in the months ahead and how holidaymakers and investors should think about currency risk.
Highlights:
00:00 Intro
01:45 Why the yen is so weak
05:57 Is it worth locking in at current rates?
08:01 Buying yen for a holiday vs an investment
09:25 Why the yen dominates carry trade
11:02 Could the yen recover soon?
12:08 What travellers should consider
16:43 Which currencies are easier to predict?
17:57 What the weak yen means for investors
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