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Friday, December 30, 2016

Dollar Ends 2016 At ¥117

The U.S. dollar is ending the 2016 trading year on a high note in Tokyo trading.

The Japan Times reported:
The dollar cut its early losses and rose above ¥117 in Tokyo trading on Friday, the final market day of the year. 
At 5 p.m., the dollar stood at ¥117.08-09, up from ¥116.36-37 the same time Thursday. The euro was at $1.0506-0508, up from $1.0451-0452, and at ¥123.05-05, up from ¥121.62-63.

This is good news as American travelers to Japan will be able to buy more yen per dollar.

To read more, go here

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