The number of foreign visitors for business and leisure was seen at 3.04 million last month. That is little changed from April and just down slightly from the all-time record in March. Compared to May 2019 i.e. the same month before the pandemic, arrivals into Japan were 9.6% higher this year. If anything, the weaker yen is definitely a contributive factor here; not to mention “revenge travelling”.
This article was written by Justin Low at www.forexlive.com.
