Japanese Yen losing value, effects felt in Hawaii

Money

The Japanese Yen is losing value and that means Japanese tourists have less money to spend when they visit Hawaii.

While economists say it may not be a big threat for now, the effect is being felt by some Waikiki businesses.

“I noticed instead of them buying for two person, they buying for one person and sharing for two person. For the last three weeks, it’s been going on like that. Its like almost half, like almost 30 to 40 percent now from what we normally do,” restaurant manager Linh Tran said.

There is a bright spot for consumers.

Due to the declining value of the Yen, cars and other items made in Japan are becoming cheaper here in the U.S.

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