Dollar Dropped Below ¥110 In Tokyo

This is not good news, especially for American travelers to Japan.

Jiji Press reported:

Tokyo, April 6 (Jiji Press)--The dollar traded around 110.40 yen in Tokyo trading on Wednesday, after plunging below 110 yen for the first time in about 17 months in overnight trading abroad. 

   At 5 p.m., the dollar stood at 110.40-41 yen, down from 110.46-47 yen at the same time Tuesday. 

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