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Dollar Hits 33-Year High of 151.97 Yen in Tokyo (Update 1)

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JAPAN NEWS




 
The dollar briefly climbed as high as ¥151.97 in Tokyo trading Wednesday, hitting the highest level in 33 years and eight months.

Dollar buying for yen accelerated amid growing anticipation for a wider gap ahead between Japanese and U.S. interest rates, market sources said.

At noon, the dollar stood at ¥151.88-89, up from ¥151.32-32 at 5 p.m. Tuesday.
 
 

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