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Wednesday, June 8, 2016

Dollar Falls To Around ¥107 In Tokyo



This certainly isn't good news for American travelers to Japan.

Jiji Press reported:
Tokyo, June 8 (Jiji Press)--The dollar softened to levels around 107 yen in Tokyo trading on Wednesday, on the back of receding hopes for further monetary easing by the Bank of Japan, following upward revisions to Japanese gross domestic product figures for January-March. 
At 5 p.m., the dollar stood at 106.97-98 yen, down from 107.73-74 yen at the same time Tuesday. 
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