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Dollar slightly above 124.00 yen in Tokyo morning trading.

Publication: Japan Weekly Monitor
Publication Date: 10-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 4 Kyodo

The U.S. dollar remained slightly above 124.00 yen in Tokyo morning deals Tuesday, giving a muted reaction to the downgrade by Moody's Investors Service Inc. of yen-denominated Japanese government securities.

At midday, the dollar was quoted at 124.09-11 yen, compared with Monday's 5 p.m. quotes...

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