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New tourism agency ambushed by high yen
Published December 4, 2008, 1:14 pm, The Japan Times
When the Japan Tourism Agency opened for business on Oct. 1 to attract more Asian travelers, the timing could hardly have been worse. Since then, the yen has strengthened nearly 10 percent against the dollar, making it more expensive for overseas tourists to visit. Ski resorts in Hokkaido and golf courses are already feeling the effect. Read the full story
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