Yen on track for best week in nearly 15 months
The Economic Times·2026-02-13 01:43
A resurgent yen has been the main focus for the foreign exchange market this week, particularly as its rise confounded initial expectations that a selloff in the currency could gather pace if Takaichi secured a strong mandate.It was last steady at 152.86 per dollar, but was set to gain nearly 3% for the week, which would mark its largest advance since November 2024.Against the "The election outcome might be seen as marking an end to the political instability that has persisted since July last year, sugg ...