Dollar surges past fresh 34-year high of 160 yen in morning trade

English Español Français العربية Русский

RSS Newsletters

Radio TV

LANGUAGE
English Español Français العربية Русский Documentary CCTV+

Radio TV

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

The dollar surged past 160 yen for the first time since 1990 on Monday after a forecast-beating U.S. inflation reading dented expectations for U.S. interest rate cuts this year.

The greenback bought 160.17 yen in morning trade, fanning speculation that Japanese authorities would step in to support their currency.

Source(s): AFP