The Fiji Hoteliers Association believes the Reserve Bank’s decision to devalue the Fiji dollar by 20% is a timely one for the tourism industry.
President, Dixon Seeto said this move will push people to spend their holiday in Fiji.
Meanwhile, Tourism Fiji CEO, Josefa Tuamoto said devaluation means there has never been a better time to holiday in Fiji.
Fiji's dollar was yesterday devalued by 20% and the RBF said this will bring the Fiji dollar in line with the major trading partner countries such as Australia and New Zealand. However, we will be paying more for our imports as the value of the Fiji dollar has been reduced by 20 percent.
Devalue A Timely One-Seeto
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