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Rebuilding UAE Tourism
06 August 2026. The Japanese yen has strengthened sharply following the first coordinated US-Japan currency intervention since 1998. It has recovered from a 40-year low of almost 164 yen to the dollar in July to around 156 to 157 this week. Josh Gilbert of eToro explains what the intervention involved, why the US stepped in, and whether the yen’s recovery can last. Also, tourist arrivals to the UAE are projected to fall by more than 30% in 2026 following the regional conflict earlier this year, while visitor spending dropped by more than 40% during the height of the disruption. Akshay…
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