Published 14:45 IST, August 13th 2024
Yen slips in newfound calm while sterling climbs after jobs data
The yen slid to 38-year lows in July as investors piled into the carry trade, where they borrow yen in Japan where interest rates are low.
Yen slips, sterling climbs | Image:
Republic
- Listen to this article
- 3 min read
Advertisement
14:45 IST, August 13th 2024