South Pacific currencies rise versus the Yen on Abe's victory

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Australia's Dollar reached a 19-month high against the Japanese Yen as Liberal Democratic Party reclaimed power in Japan's elections on Sunday. The New Zealand Dollar reached the highest level in 4 years versus the Yen on speculation the elections results will increase pressure on the BOJ to extend easing. The Aussie rose 0.5% to 88.67 yen, after earlier fetching 89.13, the strongest since May 2011. The kiwi touched 71.51 yen, the highest since October 2008.
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