NY market value drops to $1 = 151 yen for the primary time in a couple of 12 months since October final 12 months | NHK

In the New York international change market on the thirty first, yen promoting and dollar shopping for accelerated because the Bank of Japan’s choice to flexibly implement financial coverage was perceived as not being a significant revision, and rate of interest variations between Japan and the United States accelerated, with the yen change fee approx. For the primary time in a 12 months, the value quickly fell to the low 151 yen degree to the dollar.

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