Dollar tops ¥141 for 1st time in 24 yrs
15:38 JST, September 6, 2022
TOKYO (Jiji Press) — The dollar topped ¥141 for the first time in 24 years in Tokyo trading Tuesday afternoon on the back of speculative buying by foreign players.
At 3 p.m., the dollar stood at ¥141.05-06, up from ¥140.56-57 at 5 p.m. Monday.
“After checking the (dollar-yen) movements in the morning, foreign players stepped up purchases, believing the dollar’s bottom is solid,” a currency broker said.
"Business" POPULAR ARTICLE
-
G20 Sees Soft Landing for Global Economy; Leaders Pledge to Resist Protectionism as Trump Calls for Imported Goods Flat Tariff
-
Japanese Automakers Team Up on Software Development; Aim to Compete with U.S., China in SDV Market
-
China Struggles to Develop Passenger Jet to Rival Boeing, Airbus; Russian Cooperation Falls
-
Call Centers Using AI to Address Customer Harassment: NTT and Fujitsu Develop Programs to Improve Employee Interactions, Reduce Turnover
-
Kawasaki Heavy Commemorates Delivery of 5,000th Railcar in U.S.; 40% of Railcars Used in N.Y. are from Kawasaki Heavy
JN ACCESS RANKING
- Asukayama Monorail in Tokyo: Free to Ride!
- Japan Trying to Draw Digital Nomads, Who Are Seen as Beneficial to Economy, Society
- JICA Employee Suspected of Leaking Info on ODA Project in Manila; Bidding for Railway Renovation May Have Been Impacted
- G20 Sees Soft Landing for Global Economy; Leaders Pledge to Resist Protectionism as Trump Calls for Imported Goods Flat Tariff
- Japanese Automakers Team Up on Software Development; Aim to Compete with U.S., China in SDV Market