Dollar At 121 Yen In Tokyo

The dollar has risen a bit against the yen.

According to Jiji Press:

Tokyo, Aug. 28 (Jiji Press)--The dollar cut gains versus the yen in Tokyo late Friday after retaking 121 yen for the first time since Monday.

This follows the turbulent week where the U.S. stock market along with other stock markets around the world were down due to uncertainty in China's economy and other factors.

The U.S. stock market has made a recovery after several days of falling stocks.

The exchange rate between the dollar and yen was around 124 yen before the markets had their "correction".

To read more, go here.