As the US debt ceiling approaches, the IMF has released a report showing that the Yen appears to be the safe haven of choice in times of turmoil

Tom McKay
Tom McKay Livewire

As the US debt ceiling approaches, the IMF has released a report showing that the Yen appears to be the safe haven of choice in times of turmoil. Its review of previous market shocks, including the August 2011 debt ceiling impasse shows that the Yen is the safe haven currency which appreciates the most. (VIEW LINK)

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