The dollar fell to ¥99.77 as the ‘Strong Yen, Weak Dollar’ phenomenon continued, breaking the ¥100 line for the first time since November 1995, reports the Asahi Shinbun today.
Posts Tagged as ‘yen’
March 7, 2008
Yen Strengthens in Tokyo
The yen strengthened to ¥120.75~80 by 1pm in trading today on the Tokyo Currency Exchange. This after a marked movement to sell dollars and buy yen, which started in New York yesterday and was picked up over here this morning. This is the strongest the yen has been relative to the dollar in the last [...]
February 27, 2008
Why is the Yen weak?
Hideo Tamura, Special Economic Affairs journalist with Sankei Newspapers, writes (Sekai, March edition) about the state of the yen.