Yesterday's stock market drop had ramifications on currency exchanges, which includes the U.S. dollar in Tokyo trading.
The Japan Times reported:
The dollar was weaker around ¥112.20 in Tokyo trading late Thursday as a global stock sell-off dented risk appetite among market traders.
At 5 p.m., the dollar stood at ¥112.22, down from ¥113.07 at the same time Wednesday. The euro was at $1.1540, up from $1.1491, and at ¥129.51, down from ¥129.94-¥130.01.
The dollar briefly fell below ¥112 as the Japanese currency was actively hunted due to a slide in U.S., Japanese and Chinese stocks.
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