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Wednesday, January 18, 2017

Dollar At ¥113 In Tokyo Trading

The inauguration of Donald J. Trump is only two days away and the exchange rate in Tokyo between the U.S. dollar and Japanese yen is a bit jittery. It seems to be in a "wait and see what happens" mode.

According to The Japan Times:
The dollar bounced back above ¥113 in Tokyo by late Wednesday after tumbling below the threshold on incoming U.S. President Donald Trump’s reported frustration with the U.S. currency’s current strength. 
At 5 p.m., the dollar stood at ¥113.32-33, against ¥113.28-29 at the same time Tuesday. 

To read more, go here

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