Dollar Tops 149 Yen for 1st Time in 11 Months

Jiji Press

15:22 JST, September 26, 2023

Tokyo, Sept. 26 (Jiji Press)—The dollar rose above ¥149 for the first time in about 11 months in Tokyo trading Tuesday amid rising U.S. long-term interest rates.

The greenback drew purchases on the back of expectations of a wider interest rate gap between Japan and the United States, market sources said.