Yen rallies, rand and Aussie stumble as new variant spurs flight to safety

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Channel NewsAsia
By Cna

OTTAWA : The safe-haven yen rallied while the South African rand and risk-sensitive Australian dollar slumped on Friday, as investors ducked for cover following the discovery of a new coronavirus variant that could resist current vaccines.The yen leapt as much as 0.64per cent to 114.595 per dollar, and fe

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