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Dollar briefly hits 128 yen in Tokyo morning on Kuroda remark.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 17 Kyodo

The U.S. dollar temporarily rose above 128.00 yen Monday morning in Tokyo on a remark by a senior Japanese finance ministry official indicating his tolerance of a weak yen.

It was the first time the dollar has entered 128 yen territory since early October 1998....

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