You are here


Yen climbs as risk appetite sours on oil output freeze


THE yen bounced back against the US dollar on Tuesday, as a modest recovery in risk appetite fizzled after top oil producers Saudi Arabia and Russia agreed to freeze – but not cut – output.

The US dollar had gained over one per cent against the safe-haven Japanese currency

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom