The Japanese yen fell below 5 on Christmas Eve, and exchange shops reported that citizens exchanging yen increased by 100% year-on-year

As the Christmas holiday approaches, the exchange rate of the Japanese yen has fallen below 5, and Hong Kong residents are rushing to exchange yen in preparation for travel to Japan. The person in charge of the currency exchange shop mentioned that the trading volume of yen increased significantly over the weekend, doubling compared to the same period last year. Wing Lung Bank's exchange rate is attractive, with the USD to JPY reaching 157.78. Experts predict that the yen will still face downward pressure in the short term, and the USD to JPY may touch the 158 level. The direction of the Bank of Japan's policy will be influenced by next year's "Shunto" negotiations