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GBP/JPY was falling from Sept 2015 through to the actual referendum, and then stabilized there at the same level as it was between 2009-2012, or actually slight
by native_samples 5y ago
GBP/JPY was falling from Sept 2015 through to the actual referendum, and then stabilized there at the same level as it was between 2009-2012, or actually slightly higher.
https://www.google.com/search?q=gbp+jpy&oq=gbp+jpy&aqs=chrome..69i57j0i512l9.4349j0j4&sourceid=chrome&ie=UTF-8 https://www.google.com/search?q=gbp+jpy&oq=gbp+jpy&aqs=chrom...
Given SoftBank paid a 43% premium over the share price at the time to buy it, and given the strategic nature of the ARM acquisition for them, it's unlikely relatively small currency fluctuations made much impact on that decision. Masayoshi Son is not exactly famous for his finance-driven, highly calculating approach to investments.