The Japanese yen has been stronger against the U.S. dollar in Tokyo trading lately. This strength pushed Tokyo to regain the distinction of being one of the world's most expensive cities, according to the Economist Intelligence Unit. Tokyo is now ranked number four.
But the dollar did regain some strength Friday.
According to Jiji Press:
Tokyo, March 24 (Jiji Press)--The dollar gained ground modestly to move around 111.35 yen in late Tokyo trading Friday, on the back of expectations that the U.S. House of Representatives will vote for an Obamacare replacement plan.
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