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Dollar rises to five-year high against yen: New Age

27.12.2013 11:48

Dollar rises to five-year high against yen: New Age

YEREVAN, December 27. /ARKA/. The dollar rose to a five-year high against the yen in Asian trading Thursday on the back of strong Japanese share prices in a thin holiday market.

The greenback rose to 104.85 yen in early trade, its highest since October 2008, before settling at 104.71 yen.

The level compared to 104.39 yen seen Wednesday in Tokyo. New York was closed for the Christmas holiday.

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Asian stocks slide led by Tokyo on worries of rising yen: AP

13.06.2013 13:21

Asian stocks slide led by Tokyo on worries of rising yen: AP

Asian stock markets endured sharp losses Thursday as gyrations on the Tokyo market, the region’s biggest, continued — fueled by worries about a surging yen and monetary policies in the U.S

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