Yen rebounds 9% on tension in Ukraine

Note: This section contains information in English only.
Source: Bloomberg
Japanese currency depreciation over the past year against the Euro will reverse as tensions in Crimea spur demand for haven putting pressure on Prime Minister Shinzo Abe's efforts to boost growth. The Yen was little changed at 140.90 per Eurozone's currency at 1:15 p.m. in Tokyo, dropping 0.3 % from yesterday's close in New York. It traded at 145.69 on December 27, the lowest since October 2008 and lost 21% in the last year. 
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