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MarketsYen Hits Fresh 24-Year Low as Investors Embrace Riskier AssetsGlobal stocks rallied as traders regroup after market tumultOptions market point to more volatility ahead for yenYen Slumps to 24-Year Low as Investors Embrace Riskier AssetsByAmelia Pollard and Robert Fullem+FollowJune 21, 2022, 7:06 PM UTCUpdated onJune 21, 2022, 10:44 PM UTCThe yen sank to a fresh 24-year low against the dollar as risk assets rebounded and investors ventured out of havens. The currency fell more than 1% overnight and traded at 136.50 per dollar early Wednesday in Tokyo, its lowest since 1998.
