TOKYO -- The yen's weakness across a broad swath of currencies, fueled by negative real interest rates and political uncertainty, comes amid an apparent revival of the yen carry trade that had dragged down the Japanese currency until early last year.
Currencies
Yen slumps across currencies beyond dollar amid carry trade comeback
Low interest rates, political uncertainty fuel selling pressure against euro, pound
The yen has weakened across a broad swath of currencies other than the U.S. dollar. (Photo by Akira Kodaka)
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