The value of the Japanese yen has hit a 40-year low against the dollar, making imports from Japan cheaper for Americans like John Caramichael. When he bought a new Seiko watch in Tokyo, he paid about $740 – significantly less than the expected $1,000 back home.
Source: https://www.wsj.com/finance/currencies/japanese-yen-falls-to-40-year-low-pleasing-tourists-but-worrying-tokyo-3903f1e5