The U.S. dollar recovered ground in Tokyo trading today.
The Japan Times reported:
The dollar hit one-week highs above ¥115 in Tokyo on Friday on the back of an increase in the Bank of Japan’s outright buying of outstanding Japanese government bonds from the money market.
At 5 p.m., the dollar stood at ¥115.21-22, up from ¥113.76-77 at the same time Thursday.
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