The US dollar weakened slightly to the lower 151 yen range in the Tokyo market today (25 March) on expectations that the Japanese authorities will intervene in the foreign exchange market by buying yen. After Mr Masato Kanda, the Deputy Minister of Finance for Foreign Affairs from Japan It was emphasized this morning that appropriate steps will be taken to control if conditions become too volatile.
Kyodo News Agency reported, as of noon today, Tokyo time. The dollar is moving at 151.10-151.15 yen vs 151.44-151.54 Yen in the New York Market and 151.39-151.41 yes in the Tokyo market at 5:00 pm last Friday.
Euro moves at 1.0821-1.0822 dollar and 163.51-163.57 yen against 1.0803-1.0813 dollar and 163.64-163.74 Yen in the New York Market and 1.0824-1.0825 to the dollar and 163.87-163.91 Yen in the Tokyo market on Friday
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