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Wednesday, July 5, 2017

Dollar Rebounds Following North Korean Missile Launch

The North Korea problem has affected the exchange rate between the dollar and Japanese yen in Tokyo trading.

According to The Japan Times:
The dollar advanced to levels around ¥113.50 in Tokyo trading Wednesday, after weakening to around ¥112.80 amid heightened tensions in the wake of North Korea’s missile firing the previous day. 
At 5 p.m., the dollar stood at ¥113.49-49, up from ¥113.10-10 at the same time Tuesday. The euro was at $1.1363-1363, up from $1.1361-1361, and at ¥128.96-97, up from ¥128.50-51.

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