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Yen hits one-month high amid oil slump
Published Tue, Dec 16, 2014 · 09:50 PM
London
THE yen hit a one-month high against the dollar and the euro on Tuesday as investors bought safe-haven currencies amid a slide in oil prices that has triggered a bout of volatility across asset classes.
The rouble - a major victim of plunging oil prices - came under renewed pressure, despite the Russian central bank hiking interest rates 650 basis points overnight to halt its collapse.
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