Dollar At ¥110.40 In Tokyo

Now that we're in September, it is time to take a look at how the U.S. dollar is faring against the Japanese yen in Tokyo foreign exchange trading, not that anyone can go to Japan for a vacation trip just yet.

Japan is currently (again) under a state of emergency due to a surge in COVID-19 cases.

But, according to Jiji Press:

Tokyo, Sept. 1 (Jiji Press)--The dollar strengthened to around 110.40 yen in Tokyo trading Wednesday, backed by higher U.S. interest rates and Japanese stocks.

At 5 p.m., the dollar stood at 110.40-40 yen, up from 109.81-82 yen at the same time Tuesday.

To read more, go here.