The U.S. dollar continues to make progress against the Japanese yen.
Kyodo News reported:
The U.S. dollar climbed above the 85 yen line for the first time in 20 months in Tokyo trading Wednesday as Liberal Democratic Party chief Shinzo Abe reclaimed the premiership after campaigning for drastic monetary easing by the Bank of Japan.
This is good news for Japanese exporters and American travelers to Japan.
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