Yen Plunges the Most Since 2014 on Abe’s Fiscal Stimulus Plans

Updated on
  • Prime minister announces plans after party election gains
  • Haven demand loses luster on speculation central banks in play

Can Abe Successfully Implement His Fiscal Stimulus Plans?

The yen tumbled by the most since October 2014 as Japanese Prime Minister Shinzo Abe said he planned to add fiscal stimulus following the ruling party’s victory in Sunday’s upper-house elections.

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