Best place to keep yen for Japanese citizen

My wife is moving to the UK soon and we intend to live here for at least a few years. The problem is all of her savings (around 8 million) are in yen in a 0.45% interest account. She’s not super savvy with finances, and to say I’m financially inept would be being generous. We’re wondering what she should do with that money so it’s not just sitting in a a low yield account degrading over time. She isn’t thrilled at the idea of losing money exchanging it to GBP, and I don’t think she really needs to exchange any other than for her own spends, or if we were to buy an apartment for example. So I’m wondering maybe two scenarios of – what’s the best thing she can do, and if we are better off exchanging it, is there a good way to go about it? Thank you

by Apprehensive_Bees

Leave a Reply
You May Also Like