Yen slumps to 20-mth low following LDP victory

The yen fell to its lowest level in over a year-and-a half against the U.S. dollar on Monday as part of a broad skid after Japan’s conservative LDP party, pledged to hyper-easy monetary policy, won a landslide victory at an election. The dollar rose as far as 84.48 yen, reaching its highest since…

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Yen slumps to 20-mth low following LDP victory

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