Dollar rises to lower 113 yen on stronger-than-expected Asian stocks

0 Comment(s)Print E-mail Xinhua, December 5, 2018
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The U.S. dollar rose to the lower 113 yen zone Wednesday in Tokyo as the yen drew some selling after a fall in Asian stocks proved smaller than the overnight equities rout on Wall Street over concerns for the outlook of the U.S. economy.

At 5:00 p.m., the dollar was quoted at 113.08-09 yen compared with 112.73-83 yen in New York and 113.12-13 yen in Tokyo at 5:00 pm Tuesday. It moved between 112.65 yen and 113.11 yen during the day.

The euro fetched 1.1330-1331 dollars and 128.12-16 yen against 1.1337-1347 dollars and 127.87-97 yen in New York and 1.1379-1380 dollars and 128.72-76 yen in Tokyo late Tuesday afternoon. 

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