Asset

Pound sterling / Japanese yen

GBPJPY
forex
$158.94
stockPerformance $2.30 (1.47%)
Updated: 18 Jan, 3:18 pm UTC
No Trading Data Available
Description
The British Pound Sterling is an important international currency used for investment and financial markets. It is the fourth most traded currency in the world and a major reserve currency. The Pound plays an important role in international trade, as it is used by many countries to settle their international debts. Additionally, it is a key currency used by many foreign exchange investors and financial institutions. For investors, the Pound provides a safe haven in times of market volatility and offers good liquidity and trading opportunities. The Pound can also be used to hedge against other currencies and to diversify portfolios.