Yen weakens to record low against S’pore dollar

Holiday destination: A man walks past an electronic board showing the rate of the Japanese yen versus the US dollar along a street in Tokyo. With the yen at its weakest, tourist spending is expected to jump in the country. — AFP

SINGAPORE: Travelling to Japan and splurging on omakase meals, Suntory and Nikka whiskies, and anything from Onitsuka Tiger sneakers to Uniqlo basics just got even cheaper for Singaporeans.

The yen hit a record low of 111.6 against the Singapore dollar on Monday, its weakest since 2010, according to financial data provider MarketWatch’s records.