Yen climbs on Chinese stocks

Source: Bloomberg
© Scanpix/RS
The Yen rose versus the Dollar as Chinese stocks' plunge increased demand for safety. The Japanese Yen strengthened almost against all 16 of its major peers and added 0.2% to 117.23 versus the Dollar as of 9:44 a.m. London time. However, the currency weakened 0.2% to 136.25 versus the Euro after heading to 134.71 on January 16, the highest level since October 16.
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