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| Above, the National Diet Building in Tokyo. Photo by Armand Vaquer. |
Getting more yen for their dollar while traveling in Japan is every traveler's dream.
The dollar today took a little step in that direction today in Tokyo trading.
According to an article in The Japan Times:
The dollar strengthened to around ¥112 in Tokyo Monday, underpinned by higher stock prices.
At 5 p.m., the dollar stood at ¥111.91-91, up from ¥111.86-86 at the same time on Friday. The euro was at $1.1316-1316, up from $1.1288-1288, and at ¥126.63-68, up from ¥126.27-27.
The dollar was boosted close to ¥112.10 in early trading by risk-on buying by investors who took heart from Friday’s powerful rebound on Wall Street and a post-weekend surge in the Nikkei stock average.
The greenback topped ¥112 for the first time in 1½ months here.
To read more, go here.
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