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Dollar rises back above 131 yen on another yen-bearish remark.

Publication: Japan Weekly Monitor
Publication Date: 31-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 28 Kyodo

The U.S. dollar reverted to bullishness against the yen in Tokyo on Friday after briefly weakening in the morning, as investors resumed selling of the yen on yet another remark favoring a cheaper yen made by a Japanese official.

At 5 p.m., the dollar was quoted at 131.45-48 yen, compared with Thursday's 5 p.m. quotes of 131.65-75 yen in...

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