Dollar Firm Above ¥113 In Tokyo

The dollar remained firm in the ¥113 range in Tokyo trading which is good news for travelers to Japan.

Nikkei Asian Review reported:

TOKYO (Kyodo) -- The U.S. dollar stayed firm above the mid-113 yen range Monday morning in Tokyo, as stronger-than-expected U.S. fourth-quarter gross domestic product bolstered expectations of a further U.S. interest rate hike. 

At noon, the dollar fetched 113.66-67 yen compared with 113.05-15 yen in New York and 113.06-08 yen in Tokyo at 5 p.m. Friday.

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