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Coronavirus vaccination rate now on investors' radar

Pound and dollar rise as vaccines boost give UK and US economies

A man receives a COVID-19 vaccination in Germany: Currencies in countries where vaccine rollouts have made progress have fared better than those where they have lagged.   © Reuters

TOKYO -- Investors in global financial markets are starting to put their money in places where rollouts of COVID-19 vaccines have made the most progress.

The British pound and the U.S. dollar have both seen marked rises since the beginning of the year as investment money flows into the two countries, which are ahead of other big markets in terms of coronavirus immunization. Meanwhile, currencies in Japan, the eurozone and some emerging economies have been limp over the same period as they lag behind in vaccination efforts.

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