The most reliable sanctuary from nervy markets still appears to be the yen, given its status as one of the most actively traded currencies. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Why aren’t traditional haven assets behaving like they should in times of turmoil any longer?

The yuan is increasingly exhibiting haven characteristics underpinned by China’s huge current account surplus and foreign reserves, and gaining in value during recent periods of geopolitical turmoil

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The most reliable sanctuary from nervy markets still appears to be the yen, given its status as one of the most actively traded currencies. Photo: Reuters
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