The yen continued to weaken against the pound on in December 2024, as investors question the country's economic plans. This is a different situation than in, for example, September 2022, when the UK government announced its plans to roll out trickle-down economics in the country - financial measures that would mostly benefit the wealthier parts of UK society and that would eventually "spill over" to other parts of the country. Such measures had been introduced before in the United Kingdom during the 1980s - when GDP did increase overall. Nevertheless, many economists and investors believed the current plans were "risky" or "an experiment", as the economy suffered from issues on the demand side.
British pound sterling (GBP) to Japanese yen (JPY) historical price table from June 6, 2023, to December 18, 2024
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Statista. (December 18, 2024). British pound sterling (GBP) to Japanese yen (JPY) historical price table from June 6, 2023, to December 18, 2024 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1336203/gbp-jpy-historical-price-table/
Statista. "British pound sterling (GBP) to Japanese yen (JPY) historical price table from June 6, 2023, to December 18, 2024." Chart. December 18, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1336203/gbp-jpy-historical-price-table/
Statista. (2024). British pound sterling (GBP) to Japanese yen (JPY) historical price table from June 6, 2023, to December 18, 2024. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1336203/gbp-jpy-historical-price-table/
Statista. "British Pound Sterling (Gbp) to Japanese Yen (Jpy) Historical Price Table from June 6, 2023, to December 18, 2024." Statista, Statista Inc., 18 Dec 2024, https://www.statista.com/statistics/1336203/gbp-jpy-historical-price-table/
Statista, British pound sterling (GBP) to Japanese yen (JPY) historical price table from June 6, 2023, to December 18, 2024 Statista, https://www.statista.com/statistics/1336203/gbp-jpy-historical-price-table/ (last visited December 23, 2024)
British pound sterling (GBP) to Japanese yen (JPY) historical price table from June 6, 2023, to December 18, 2024 [Graph], Statista, December 18, 2024. [Online]. Available: https://www.statista.com/statistics/1336203/gbp-jpy-historical-price-table/
