Markets focus on new Japanese government and on a looming US Fiscal Cliff deadline
Malta Independent
Monday, 31 December 2012, 13:07
Last update: about 15 years ago
The yen fell to the lowest level since august 2010 when seen against the US dollar; weighed by comments from new Japanese Prime Minister, that were intended to increase pressure on the Bank of Japan to expand monetary easing and to raise the inflation target from 1% to 2%.