#japanese-yen

#japanese-yen

Japanese stocks surged over 4% on Monday and the yen fell after Sanae Takaichi was elected to lead the country's ruling party. The Nikkei 225 Index was up 4.6%, soaring to 47,852.29, after earlier passing the 46,000 mark for the first time ever. The yen fell, reaching 149.76 yen against the dollar and hitting a record low against the euro.