LONDON: The yen climbed to one-month high against the dollar on Tuesday as shareholders bought currencies usually seen as safe havens amid a slide in oil prices that has triggered a bout of volatility across asset classes.
The dollar fell 0.6 percent to 117.07 yen, its lowest level in a month, as the Russian rouble came under renewed pressure and European stock markets fell back into the red.
The yen tends to strengthen at times of economic stress as it is often used as a funding currency for investments in higher yielding assets.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
