# Yen dips but up for week - Business & Finance - Business Recorder

> The Japanese yen fell slightly against the dollar on Friday but gained over the week as investors stayed on edge over the Ukraine-Russia crisis. Russian-backed separatists said they would evacuate residents to Russia, and US Secretary of State Blinken agreed to meet Russian Foreign Minister Lavrov. Safe-haven flows dominated currency trading.

- Date: 2022-02-18 · published 2022-02-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42934-yen-dips-but-up-for-week-business-and-finance-business-recorder
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Safe-haven currency swings tied to Ukraine tensions reflect rising geopolitical risk to grain and energy supply, which can lift feed commodity prices. Currency moves also affect the dollar cost of imports for buyers abroad.

## Sources

- brecorder.com: https://www.brecorder.com/news/40155515

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.