March 20, 2024 – Written by Frank Davies
Leave a comment STORY LINK Japanese Yen: GBP/JPY Exchange Rate Close to 8-Year Best
The Pound to Yen exchange rate (GBP/JPY) spiked higher after the Bank of Japan policy decision and came close to 8-year highs above 191.00 before settling around 190.85.
The Pound to Euro (GBP/EUR) exchange rate has remained in tight ranges and traded just below 1.1700 in early Europe.
Markets will now be looking at the UK data and Bank of England (BoE) policy decision this week.
The Bank of Japan ended the policy of negative interest rates…
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