The Lowest Dollar Falling Against Yen
Value of the dollar weakening against the Japanese yen currency, which dropped below 87 Japanese yen in trading on Thursday local time. This is weakening the lowest since July 1995.
As reported by the AFP on Thursday (26/11/2009), the dollar fell to its lowest level against the yen for 86.51 after closing in New York trading the previous day was recorded at 87.38 Japanese yen.
This impairment is suspected because of positive economic data United States (U.S.) which raises the risk to invest. And the hope that the U.S. Federal Reserve will keep interest rates super low for a long period of time.
beitarnews | Finance | 11 27th, 2009 |












